fmdog44
Well-known Member
- Location
- Houston, Texas
Picture Of The Prices Of Oil Since 1870
- Thread starter fmdog44
- Start date
mathjak107
Well-known Member
- Location
- bayside ,queens , ny
this is what happens when that which was scarce becomes abundant .
however the saying that nothing cures low prices like low prices and nothing cures high prices like high prices has never been truer .
remember , the cost of producing a barrel of oil did not change .
low prices like this will shut down wells and drive smaller produces out of business ... at the same time usage will pick up as the world opens for business .. oil will seek its own level once again
however the saying that nothing cures low prices like low prices and nothing cures high prices like high prices has never been truer .
remember , the cost of producing a barrel of oil did not change .
low prices like this will shut down wells and drive smaller produces out of business ... at the same time usage will pick up as the world opens for business .. oil will seek its own level once again