quantitative easing dumb--ses
It'll go to 100 by June 2017 when the Fed prints again relax ..
7 replies (most recent on top)
Global manufacturers' 5 & 10-year forecasting models all show to prepare for the best case scenario of a sustainable oil price to hit $65max through 2020. Buckle down, it's going to be a completely different market than before.
Nope. Not for a while yet. Maybe never. Gas dropped and stayed there. Why wouldn't oil do the same?
I have been lucky to get over 35 years from this industry. Do I think someone just getting into this industry can expect the same?....NO WAY!! Get out when you can.
Bville will have to go at any oil price. It's out of date and full of inbreds.
Troll!
You just want Bartlesville Shut Down!
I think that it will take a long while for it to get to 60 and sustain at 60. I have heard that 60 will be the new 90 per barrel due to all of the labor rates that have been slashed due to the business cratering. I don't think that we will see it get to 90 or 100 a barrel for a very long time. This is a tough market and people need to learn to adjust accordingly or they will be forced out.