Small Oil Companies Down Today (LEI, ROYL, GEOI)

The small oil companies are getting hit hard today, as oil is falling for the first time in a couple of days.

Lucas Energy, Inc. LEI, Royale Energy, Inc. ROYL and GeoResources, Inc. GEOI are all down sharply, although GeoResources has come well off its lows.

Oil is also lower today, down 55 cents to $104.89 per barrel.