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re: Oil over $50

Posted on 10/6/16 at 10:08 pm to jimbeam
Posted by GREENHEAD22
Member since Nov 2009
21023 posts
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Posted on 10/6/16 at 10:08 pm to jimbeam
It will drop again, to the 20s probably not but thats bc normal economics have been tossed out the window a long time ago.
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Posted by barry
Location, Location, Location
Member since Aug 2006
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Posted on 10/6/16 at 10:26 pm to GREENHEAD22
40-60 is the new normal, we can get a shite load of oil out of the ground at that price. Also the low prices have forced technology and processes to evolve by leaps and bounds in 2 short years . Necessity is the mother of invention.
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