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Canadian Tar Sand Crude trading at $8.35 per bbls Tuesday
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Norstman
Posted 1/17/2016 20:24 (#5043508 - in reply to #5043263)
Subject: RE: The difference between You and Goldman is


Tara Farms - 1/17/2016 19:09

you were calling for oil to rally from $65 a barrel all the way down to now.

and YES we are closer to a rally now then we were when it was $60.00

but if you think it will take 2 years to start the drillers your going to be surprised AGAIN

The next great oil rally will maybe come along in say 30 years

and that is if technology does not make oil obsolete

Do you really believe that crude with a chart that looks like this http://www.nasdaq.com/markets/crude-oil.aspx?timeframe=10y Is just going to flatline for 30 years? Or is it SOP and just arguing because you enjoy it?
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