Analysis: What's next for oil and gas prices after Putin-Trump summit? by Dr. Daniel Fine (Energy Magazine USA TODAY-Farmington Daily Time) - GoMarcellusShale.com2024-03-28T20:43:14Zhttps://gomarcellusshale.com/forum/topics/analysis-what-s-next-for-oil-and-gas-prices-after-putin-trump?feed=yes&xn_auth=noIn my opinion this is not nea…tag:gomarcellusshale.com,2018-07-23:2274639:Comment:7829752018-07-23T16:01:22.367ZDavid Allen Lillyhttps://gomarcellusshale.com/profile/DavidAllenLilly
<p>In my opinion this is not nearly as relevant to oil prices as will be an impending settlement of the trade disputes going on globally. President Trump was correct for going after the offenders, which turns out to show we didn't really have a friend in the world on trade.</p>
<p>There is no doubt that these issues will be solved. When that happens there will be a boost to the global economy generally and the American economy in particular.</p>
<p>Economic boosts create consumption,…</p>
<p>In my opinion this is not nearly as relevant to oil prices as will be an impending settlement of the trade disputes going on globally. President Trump was correct for going after the offenders, which turns out to show we didn't really have a friend in the world on trade.</p>
<p>There is no doubt that these issues will be solved. When that happens there will be a boost to the global economy generally and the American economy in particular.</p>
<p>Economic boosts create consumption, consumption creates upward pricing as economic expansion requires fuel. I still feel like we will return to nearly or above $75 a barrel for WTI by the end of the year.</p>