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Started By
Message
re: Crude above 50
Posted on 12/1/16 at 11:29 am to TigersHuskers
Posted on 12/1/16 at 11:29 am to TigersHuskers
quote:
I think 100 is a possibility by next summer
I am assuming a troll attempt???
I do not think $100 comes around for a long time (years, maybe decades), unless OPEC decides to just quit exporting entirely. Iraq and Iran are back in the market, plus US Shale is ready to rock.
Of course this is subject to change if we have some Middle East wars break out as usual.
2
Posted on 12/1/16 at 11:31 am to DarthRebel
I think OPEC keeps cutting and oil traders are scumsucking weasels who will speculate and drive the price up.
Also I think it takes a while to start fracking again.
Also I think it takes a while to start fracking again.
Posted on 12/1/16 at 1:18 pm to DarthRebel
quote:
US Shale is ready to rock.
ISWYDT
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