Smokin Joe
Legendary Member
- Location
- Bare headed cyclist, Smoker
Some analysts are saying the price may stay at this kind of level for the next three years. For several years the major oil producing countries have held back on supply to drive the price up, now they have decided to flood the market dropping the price massively. Do you get the feeling certain Governments and Billionaires are playing with the global economy. What everyone wants, consumers, industry planners and oil workers is stability and predictability, that allows proper planning.
I wouldn't take the slightest notice of what analysts say about anything. Six months ago they were telling us the days of cheap energy are over.