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<blockquote data-quote="Trip McNeely" data-source="post: 198037" data-attributes="member: 728"><p>ive done well on paper so far thanks for asking.... until i hit the sell button its not realized value yet, but i did see a correction coming and held off the urge to buy &quot;hot&quot; oil stocks when the gettin was good. most of my securities were bought when oil was below 40. bought and sold a few since the crash and have made small profits but am holding most until it goes back to 80-90. it will. may be 20 years but it will. i spent the better part of 5 years working around the oil patch. being from nd i, like many others realized this chaos of a growth model was unsustainable. the &quot;one-time&quot; oil- funding is great and all but how will it be paid for to maintain? thats alot of new infrastructure to take care of. i dont know if anyone would have thought oil would hit 40 but to think the last 5 years were going to be the new normal would be unresponsibly foolish to think. why they didnt take a worst case oil price approach to set budgets i dont know...... esp with a volitile market as oil...</p></blockquote><p></p>

[QUOTE="Trip McNeely, post: 198037, member: 728"] ive done well on paper so far thanks for asking.... until i hit the sell button its not realized value yet, but i did see a correction coming and held off the urge to buy "hot" oil stocks when the gettin was good. most of my securities were bought when oil was below 40. bought and sold a few since the crash and have made small profits but am holding most until it goes back to 80-90. it will. may be 20 years but it will. i spent the better part of 5 years working around the oil patch. being from nd i, like many others realized this chaos of a growth model was unsustainable. the "one-time" oil- funding is great and all but how will it be paid for to maintain? thats alot of new infrastructure to take care of. i dont know if anyone would have thought oil would hit 40 but to think the last 5 years were going to be the new normal would be unresponsibly foolish to think. why they didnt take a worst case oil price approach to set budgets i dont know...... esp with a volitile market as oil... [/QUOTE]

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