crudeoilcrackhead

Time to Pull the Trigger on Four Oil Service Stocks

DUUDE, I believe the 80% you refer to is for deep well drilling only. I have heard this figure before as well. If I remember correctly there are only 30 or so deep water rigs in the world today and PBR does have many of them under contract. See the article in SA entitled "Petrobras is hoarding the world's deep sea drillers".

Time to Pull the Trigger on Four Oil Service Stocks

Dear user 24491, were you born a dumbass or did you have to work hard to become one? In the future please keep your pedantic comments to yourself.