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Crude oil
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iseedit
Posted 1/12/2016 05:42 (#5029759 - in reply to #5029666)
Subject: RE: Crude oil



central - east central Minnesota -

Cadillacfarm - 1/11/2016 23:29 So guy on Pbs news says might have $18 barrel oil before turn around. He was calling for $33 a barrel oil a year ago on the show. Says they just keep pumping.

Yup . . . . anything is possible.
My believe, I wouldn't be locking in long term supplies at these prices . . . . . .

Now if the Arab counties develop some more fighting - and disrupt delivery/supply - that will change prices. But, then more development will happen locally (North America).

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