Read this article and explain the effect of a near $100 per Barrel on oil companies? Oil Price Hovers Near $100 a Barrel Rally Since Early January Spurred by Pipeline Opening; 'Healthy Sign of Bottlenecks Loosening Up' Christian Berthelsen and Nicole F

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Read this article and explain the effect of a near $100 per Barrel on oil companies? 

Oil Price Hovers Near $100 a Barrel

Rally Since Early January Spurred by Pipeline Opening; 'Healthy Sign of Bottlenecks Loosening Up'

 
 
Christian Berthelsen and
Nicole Friedman
Feb. 11, 2014 7:56 p.m. ET

Oil is flirting with the $100-a-barrel mark for the first time this year as improvements to the nation's oil infrastructure alleviate a supply glut in the middle of the country.

 

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