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Sunday, 03/22/2015 8:21:27 PM

Sunday, March 22, 2015 8:21:27 PM

Post# of 810
Sometimes, we need to understand what we read and what the reality is. So what Saudi Arabia is not to decrease production...demand will increase and...please read for your self.

Today’s low crude oil price is blamed on Saudi Arabia’s decision not to reduce supply even though the world is oversupplied by an estimated 1.5 million barrels per day. If gasoline under $2.00/gallon increases global demand for motor fuels by half of the amount it did back in 1986 (2.5%), demand for oil will increase by 2.4 million barrels per day and today’s “glut” will soon fade from memory.

FACT - Oil prices will rise...don't let any of the incompetent analyst tell you other wise...you know why...because non of them told your or new oil prices were dropping to less than $50.00 a barrel...right? See my point.

Hold on to your shares...our pps will be back up. We are not done here yet.

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