A Growing Force in Overlooked North American Energy Opportunities

Natural gas and Oil in Production from Various Wells

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AGORACOM Wire - Wednesday February 15th, 2012

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Lomiko (LMR: TSX-V) to Complete 43-101 Report on Previous Drilling at the Quatre Milles Graphite Property *CLIENT* Read More

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McLaren Resources (CNSX:MCL) Drills 7.0 Grams Gold Over 7.4 Metres at the TimGinn Property Located Adjacent to the Hollinger Mine *CLIENT* Read More | Watch Beyond the Press Release

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Message: Oil Prices Near New Highs for the Year

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Re: Oil Prices Near New Highs for the Year

in response to Re: Oil Prices Near New Highs for the Year by gosolo

posted on Mar 11, 09 11:33AM

Higher prices only mean higher revenues for the company if throughput remain the same. If prices increase and the volume decreases, it could result in an increase, decrease or revenue neutral situation. I'd like to see higher prices and higher consumption. That's the 1-2 punch that will impact revenues and margins.

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