SectorWatch.biz: Positive Trends in Oil Gas
Stuart Smith (November 18th, 2009) Writes:
IRVINE, Calif., Nov. 18, 2009 (GLOBE NEWSWIRE) — SectorWatch.biz announces the availability of a commentary of interest to investors in Lucas Energy, Inc. (NYSE Amex:LEI) and other oil & gas-related equities making news and driving markets today. Investors can view our free commentaries at: www.SectorWatch.biz — in association with FiSpace.net, a dynamic social networking site for investors.
As crude oil prices hover below $79 per barrel, traders are trying to anticipate the strength of the global economic recovery and how much crude demand may grow during the next 12 months. Some analysts expect stronger demand and a weakening U.S. dollar will help push prices higher.
This bodes well for independent oil companies such as Lucas Energy, focused on maintaining lower operating expenses on its leases. By utilizing tight field and operating management controls and having a comprehensive understanding of the production characteristics of the Austin Chalk
...advertising services, Analyst, Austin, California, ceo, Crude Oil Prices, dynamic social networking site;, FiSpace.net, Gulf Coast, Investing Lessons, Investment Advisor, Irvine, J.A. Knepp, licensed broker;, Lucas Energy Inc., MP, Oil, Oil Prices, Small & Micro Cap, smallcapvoice, Texas, USD, William Sawyer, www.lucasenergy.com, www.SectorWatch.biz


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