DLS 0.00% 69.0¢ drillsearch energy limited

its very strange, page-8

  1. 3,353 Posts.
    I have been on holiday (the yanks call it 'vacation') in USA for the past 2 weeks.

    I can corroborate that about the gas prices in the USA, they are way up on last year (like 50% from memory) and there concern here about power shortage/squeezes etc as a cold winter is predicted this year. This was a big article in 'USA Today' that I was reading on this.

    The energy markets here are also very panicky re the Middle East situation as well. Also there have been 2 quite bad hurricanes in the South of USA the past 2 weeks and this tends to disrupt delivery and refining of oil quite badly. Another one would worsen the situation.

    I this the advice to wait for the capital raising is the right one.
 
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