Death comes to us all. Life's but a walking shadow | Earlier this year when the price went below $40 I thought we'd see production start to taper off. Obviously I didn't know anything about the oil business.
Now, I'm thinking at some point all the producers will all utter a collective "expletive", tell the market to " go 'expletive deleted' themselves" and just shut down the pumps. At some point human emotion will take over and producers will decide to teach the market and oil buyers a lesson no matter what the cost.
And we might just be getting close. And when that happens buyers won't be able to buy it fast enough. |