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Wednesday, August 22, 2012

EOG's Papa Still Bullish on Oil Despite Growing American Production

I invested heavily in unconventional oil producers because of the combination of attractive valuations and rapid/sustainable growth ahead that they offered.

Now I'm worried that as a group they will be too successful and negatively impact the price of oil.

Thought I'd check in to see what Mark Papa had to say on the subject:

http://seekingalpha.com/article/821541-eog-s-ceo-mark-papa-is-still-bullish-on-oil-prices-should-investors-be-bullish-on-eog?v=1345636118&source=tracking_notify

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