WDS 0.63% $30.50 woodside energy group ltd

I do not think WA election result matters as much as the...

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    I do not think WA election result matters as much as the Queensland election to oil and gas policy in Australia so 3% swings or not, do not think it matters.

    WPL might rumble up and back to $32s, POO won't stay down for too long. The inventory report was overrated in its explanatory power, the President initially suggested pipelines like TransCanada would open up, nothing has happened as yet, other than a few oil sands and shalers getting some stock in the offing, nothing more.

    A market overreaction to an inventory. Watch for the next Baker & Hughes and see what happens then might reverse its move to a similar magnitude to the upside.

    WPL has to get going on the projects now and stop mucking about IMHO.

    WPL will be helped by the coming Queensland election, a forerunner of which might be the WA election, incumbents ignominiously made insipid and impotent.

    The State of Queensland and its CSG, oil and gas policies resembles the thoughts of an inebriated girl lying in a main street gutter, disorganised and sultry.
    Last edited by JCoure: 10/03/17
 
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