oil cant stay low forever. too many jobs around the world in one way or another depend on it
so until something mind-blowing changes in technology without killing jobs, oil must trade higher.
Russia and Saudi Arabia cannot function as a society without oil.
lower oil = less revenue = less projects = less jobs = affects global economies = less $$ to spend= earnings recession = depression.
who is tied to oil?
every mother ****** on the planet, especially banks.
who is tied to banks?
almost every mother ((((((( on the planet.
someday, after long after I am dead and gone, oil will not be what it is today.. water will be even more important fuel source, well, hydrogen, nuclear fusion..etc. but for now, OIL is king and will stay that way for years to come. anyone saying otherwise is a fool.
and for those nice bear markets in oil, well there is DWTI ;)
