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Expert makes the case for $400 per barrel oiL


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Oh, investment people would never make this claim to try and increase their investments?  NA, couldn't be.  LOL

 

And these experts could never have any bias to push their predictions.

Dr. Verleger played a critical role in creating the oil futures markets. His most recent research has shown that the crude oil price collapse that began in 2014 shares many characteristics with the subprime housing debacle that precipitated Lehman Brothers’ failure and the Great Recession of 2009. This new research suggests the oil price decline will have very long-lasting and negative implications for much of the energy sector, even if prices rebound periodically.

 

Edited by racer254
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A new analysis shows oil prices could rise to $200 per barrel, and even higher, in the next 12 to 18 months.

 

Its not going to happen. The trade war is going to kill the economy and demand . I read about that in another thread.

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43 minutes ago, Nazipigdog said:

Back to republican oil policy... 

how is that a Republican OIL policy?? Republicans are opening up oil production in the US. Supply and Value of the dollar are what dictates price. Democrats are the ones who want to stop production of Oil 

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5 minutes ago, jtssrx said:

how is that a Republican OIL policy?? Republicans are opening up oil production in the US. Supply and Value of the dollar are what dictates price. Democrats are the ones who want to stop production of Oil 

ummm... attacking Iran? did you fucking read the link? 

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2 minutes ago, Nazipigdog said:

ummm... attacking Iran? did you fucking read the link? 

This is the only line on the story that talks about IRAN

 

Other analysts and oil market observers have noted that global oil reserves are thin and anticipate oil prices surging to $90-$100 per barrel after Iran sanctions kick in, while also pointing out the coming diesel crunch that Verlenger is watching.

 

The Democrats are the war party as well

Edited by jtssrx
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With sanctions on Iran and Venezuela you can look to massive increases in oil prices. They are the only 2 countries left that can keep them lower. Once the joos have them under control and annex Syria to Israel its going to be oil price Utopia for them! 

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  • Trying to pay the bills, lol



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