Whether published or not, the overwhelming number of owners I have talked to privately, or have heard of comments they have made off the record, are only spending $ on required maintenance and very small "small cap" projects in the O&G Industrial sector.
ALL owners are "whispering" privately to wait and see what happens in the election.
If it goes Left, it goes South.
If it goes Right, it will go North. It should start off slow and then more than likely get to a point that there will be more work out there than people know what to do with.
And I'm only talking Mid and Downstream. Don't know anything about the Upstream market.
It became blatantly obvious during the year last year, there is not enough storage capabilities. And transportation was close to to full.
My prediction if T wins and gets past all the law suits, would be storage, pipeline, then process. In that order.
I am researching now which stock plays to buy. YES IT IS A RISK. AND BY NO MEANS AM I SAYIING YOU SHOULD TOO. I am just getting things in place should my PREDICTION be correct. Hopefully I am right and can make a little money along the way.
Mostly hope I am right for the men and women out there who's jobs/careers depend on the O&G. And the families that are profiting from their land as well.
JUST MY OPINION. NOT PROVEN.
ALL owners are "whispering" privately to wait and see what happens in the election.
If it goes Left, it goes South.
If it goes Right, it will go North. It should start off slow and then more than likely get to a point that there will be more work out there than people know what to do with.
And I'm only talking Mid and Downstream. Don't know anything about the Upstream market.
It became blatantly obvious during the year last year, there is not enough storage capabilities. And transportation was close to to full.
My prediction if T wins and gets past all the law suits, would be storage, pipeline, then process. In that order.
I am researching now which stock plays to buy. YES IT IS A RISK. AND BY NO MEANS AM I SAYIING YOU SHOULD TOO. I am just getting things in place should my PREDICTION be correct. Hopefully I am right and can make a little money along the way.
Mostly hope I am right for the men and women out there who's jobs/careers depend on the O&G. And the families that are profiting from their land as well.
JUST MY OPINION. NOT PROVEN.
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