| In part one I wrote about the 3 oil patch sub-sectors I'm most bullish on, and how I'm trading them: refineries, oilfield services, and heavy oil producers. Today, my outlook for the remaining oil and gas sub-sectors—from best to worst...
Here's the dilemma with them: improvements in fracking are enabling a lot more production—so much so it's dropping the light oil price. But the technology is also dropping the break-even price of said oil—so I don't think cash flows will drop as much as people think. At first. ;-) — let's see just how far the oil price drops...............................................Full Article: Source
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