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Nexen's Gulf find boosts shares

http://www.cbc.ca/news/ -- Calgary-based oil and gas producer Nexen Inc. said Friday it has made a "significant" oil discovery in the eastern Gulf of Mexico

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Submitted Mar 19, 2010 By: Mooseman1

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mickealo Champion Author Spokane Posts:1,471 Points:1,213,370 Joined:Oct 2006	Message Posted: Mar 19, 2010 2:46:10 PM Ignore mickealo Report Abuse drill baby drill
1Casey Champion Author Albany Posts:2,142 Points:997,800 Joined:Jun 2004	Message Posted: Mar 19, 2010 2:43:07 PM Ignore 1Casey Report Abuse New oil find. Another reason for prices to fly up ? All this surplus and high pump prices ? greed.
nojsts Champion Author St. Louis Posts:14,043 Points:2,828,980 Joined:May 2002	Message Posted: Mar 19, 2010 2:40:02 PM Ignore nojsts Report Abuse Whatever, Big oil will just make more excuses and keep making billions in profits.
scoop2008 Veteran Author Ontario Posts:251 Points:179,005 Joined:Mar 2008	Message Posted: Mar 19, 2010 2:36:11 PM Ignore scoop2008 Report Abuse Does not matter how much crude they find, prices will never be lower than 90 cents a liter for gas.
Daveyfudd All-Star Author Jackson Posts:868 Points:211,400 Joined:May 2008	Message Posted: Mar 19, 2010 2:32:39 PM Ignore Daveyfudd Report Abuse If a new supply only helps to keep up with demand then prices are not affected.
nimpy Champion Author Indianapolis Posts:4,127 Points:894,770 Joined:Oct 2007	Message Posted: Mar 19, 2010 2:30:21 PM Ignore nimpy Report Abuse yep but I don't think it will help the prices
MRED3 Champion Author Jacksonville Posts:2,255 Points:442,045 Joined:May 2009	Message Posted: Mar 19, 2010 2:28:19 PM Ignore MRED3 Report Abuse We no it`s out there but can we get it out.
djtdi Champion Author San Jose Posts:1,236 Points:295,255 Joined:Aug 2005	Message Posted: Mar 19, 2010 2:26:41 PM Ignore djtdi Report Abuse Right in our backyard!! Go,Go,Go.
jjw0608 Champion Author Milwaukee Posts:3,377 Points:1,001,395 Joined:Nov 2005	Message Posted: Mar 19, 2010 2:26:23 PM Ignore jjw0608 Report Abuse So what;the price of gas keeps going up!
spiderjay Champion Author Little Rock Posts:2,250 Points:582,555 Joined:Oct 2005	Message Posted: Mar 19, 2010 2:19:11 PM Ignore spiderjay Report Abuse right at the tip of hurrican alley but as long as we can get it SWEEEEET