OOPs it's Monday so quickly write something about CLL . Oh yes I know. What about these hedges guys just when it seems there is some blue skies ahead and an increase in the oil price we go and hedge. Are we just the unluckiest O&G company in the world or what? If we fell in a barrel of tits we would come out sucking our thumbs.

Den ,you would think so.Since CLL has come on line they always are to late .They were building POD 1 when the price was soaring but when they start ramping up the pirce collapsed.Same with their financial deal .Now maybe wrong decission with hedging etc..

Don't know what to think about Mr.Dent his predictions.160 $ oil seems a little to high.How can he claim that if we are in such a crisis today?If that's the case that would kill the economy which is already a disaster.

I can assume we are in a bear market and could see strange moves up .A trader I follow here is also on the buy side today but for the long term he 's not so possitive.

Brian ,Lynn or others.Do you guys really believe this outcome of such a surge in oil price?