Oil Heading Down To $30's Due To OPEC ?

http://a.msn.com/00/en-us/BBlEuHr?ocid=se

Link (above) to analyst's oil prognosis news article found on the net a little earlier.

Gist of it is oil seems to be headed down to about $36.00 per barrel over the next year.

Hope the link works for you (it works for me).

FWIW.

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Permalink Reply by Frank Walker on August 11, 2015 at 12:29pm

Link worked for me.  Sounds as if time is rapidly approaching to fill up the oil tanks.  It's gonna be a cold winter.

Permalink Reply by Joseph-Ohio on August 11, 2015 at 12:39pm
last winter was rugged.

worst / coldest winter i can remember.

hope old man winter doesn't do an encore this coming winter myself.
Permalink Reply by Dan on August 12, 2015 at 1:19am
They didn't mention Japan is starting up a nuke reactor again to cut back on their oil, coal and NG use.
Permalink Reply by Joseph-Ohio on August 12, 2015 at 1:52am
Nuclear Reactors in earthquake zones don't make much sense to me.
Permalink Reply by Dan on August 12, 2015 at 2:16am
Godzilla
Permalink Reply by Joseph-Ohio on August 12, 2015 at 2:35am
There you go.

Stuff happens.
Permalink Reply by Dan on August 12, 2015 at 2:51am

The nuke plant in Beaver County, PA probably would not have fared well when the New Madrid fault slipped in the 1800's.  The quake was centered in the Mississippi Valley but they say the Ohio River flowed North for ten days and the church bells rang in Boston. 

Permalink Reply by Jim Litwinowicz on August 12, 2015 at 2:42am

Has nothing to do with OPEC.  Everyone knows that prices are being artificially held low by a cabal of all 200 E & Ps so that they can rip off unsuspecting landowners by forcing them to sign poor leases for little money.

Permalink Reply by Joseph-Ohio on August 12, 2015 at 2:46am
Maybe all of the above ?

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