The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: tejek who wrote (263158)	7/22/2010 4:48:45 PM
From: patron_anejo_por_favor	Read Replies (1) of 306849

BPZ's had a lot of operational issues with respect to getting a customer for their gas production. It makes less sense as strictly an oil producer. If the recession hadn't hit they might have been able to deal with Peru's government, but I don't see Peru shelling out big bucks for a gas electrical power plant just to bail them out. Right now I'm in COSWF (a long term hold for me), PWE and MMR. I've been in and out of some others (DVN and CVX, mainly) but think the demand picture is muddy particularly if China slides back into recession due to their housing bubble. GTE is a good one, I agree on that.

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