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re: Crude below $50

Posted on 1/5/15 at 4:35 pm to
Posted by Tiger Ryno
#WoF
Member since Feb 2007
103260 posts
Posted on 1/5/15 at 4:35 pm to
I really believe this could be a significant downturn for the next 2 years and I'm really glad I've been saving because a rainy day could be upon us.
Posted by gaetti15
AK
Member since Apr 2013
13371 posts
Posted on 1/5/15 at 4:40 pm to
quote:

I really believe this could be a significant downturn for the next 2 years and I'm really glad I've been saving because a rainy day could be upon us.


are you in oil and gas too?
Posted by malvin
Member since Apr 2013
4628 posts
Posted on 1/5/15 at 4:40 pm to
An analyst we use predicted this downturn a year ago. Last January he told us $50 oil in December.

He is now saying $90+ by July. Take that for what its worth. I'm hoping he is right again.
Posted by tgrbaitn08
Member since Dec 2007
146214 posts
Posted on 1/5/15 at 4:43 pm to
no way this downturn last 2 years. 9 months tops. Price of oil will start creeping back up by the end of March.
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