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Msg  292 of 298  at  12/29/2010 3:28:42 PM  by

JRW_MDUS


 In response to msg 291 by  Dalian
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Re: BPT

I saw somewhere they will be out of oil in 2023, and then go to zero.  There is always more oil than the est.  Do not know enough about the geology of the field, but fracturing might help.  I am 78, may or may not be here in 2023, but my wife is 12 years younger so she could be here, and living off of BPT.
 
The runup today would make you think of selling 1/2 knowing that it will drop like a stone soon, then again It may well not.  I have no plan to sell, cap gains would kill me.  Would rather pass it along in my estate. (not soon)  The stock is in a joint account so the wife need not wory about taxes.


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