A News Byte that Matters: Rigs and Ships

Started Jul 01 2009 at 1:16AM (EST) (By DowJonesDave)

Symbols: ATW, RIG

Just heard a byte that there's a 5 year wait for Rigs, Drilling ships and other heavy equipment related to oil extraction....

Interesting bottleneck that goes far to explain why Oil has run up so far recently.

1 Comments

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guliamo

guliamo

Jul 01 2009 at 5:30AM (EST)

RIG and ATW are the two plays I know. Not sure why they aren't looking up recently..

This post is more than 60 days old. Replying to it might be confusing for other members reading the discussion. By all means, keep the ball rolling and post a new opinion.

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