Posted 5/5/2015 23:31 (#4554002 - in reply to #4553911) Subject: Peak price.
Fairbury, NE (Southeast)
Price drives demand and supply. 150 dollar oil=new exploration. Shale oil never develops the way it did if we stayed at 75 dollar oil. If crude ever goes over 100 again there will be dozens of viable fields worldwide that can and will be developed. They may not be makin any more of it, but they are always finding more of it.