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mmoy

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mmoy

Re: Golfbum post# 142427

Wednesday, 10/07/2015 10:13:28 PM

Wednesday, October 07, 2015 10:13:28 PM

Post# of 151638
In previous times, anyone of the following current problems would cause a significant spike in oil prices:

- Israeli/Palestinian Conflict
- ISIS taking war in Iraq and Syria
- Somalia
- Iran soft-conflict with US
- Libya
- Russia and Syria

There is so much excess capacity that these things, even all at the same time, can't crank the price of oil higher.
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