mercredi 27 janvier 2016

How low will oil go?

Oil dropped below $30 a barrel, but now its above that.

I keep reading news about how there is so much oil that they may need to store it out at sea.

I read American oil companies are losing tens of billions in oil sales.

Iraq is pumping 500 million barrels.

So where is the floor? Did we already hit it?

Two weeks ago they were talking about $15-$20 a barrel. Was that a stretch?


via International Skeptics Forum http://ift.tt/1np38Ft

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