Looking at price history, stockhouse shows this at over $200 in 2009. If that figure is correct, why does it trade where it does now (beyond the low oil price?)
And let's say war starts with Iran in the next few months and makes oil prices go to $200 to $300 or more. (I would think that major disruption to oil will make oil rise dramatically regardless of a poor global economy) Anyone have an idea of where this price for HOU would be? Could you see it beyond 10 or 20 bucks or would it go much higher?