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). |