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re: The Last Time The Price Of Oil Crashed Like This?

Posted on 12/22/14 at 2:56 pm to
Posted by LSUAlum2001
Stavro Mueller Beta
Member since Aug 2003
47192 posts
Posted on 12/22/14 at 2:56 pm to
The price drop is OPEC trying to force a slowdown in the shale boom exploration/drilling.

I expect prices to stay low for 4-6 months and then you will see prices skyrocket back up to earlier 2014 year levels.
This post was edited on 12/22/14 at 2:57 pm
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