burncapital

$125 Oil Not Sustainable for the Time Being

You say your no expert but give a fairly confident price target of $80 - $90 in paragraph 1. In any case, PWE has been paying out $0.34 cents per unit since early 2006 when oil was what, $40 - $60 maybe.

So how do you reconcile the implication of PWE reducing payout when it was sustained at $40 - $60 versus your pretty resolute $80 - $90 target?