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Re: dsny2014 post# 352

Monday, 03/14/2016 8:53:52 PM

Monday, March 14, 2016 8:53:52 PM

Post# of 617
I think we will see some upsurge in oil prices in a relatively short time period. I say this because Russia has decided to pull its forces out of Syria. My synopsis of a partial reason for the drastic drop in oil prices............

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=120543977

With the current state of world economics and the current oil supply, I don't see $90 to $100 oil in the foreseeable future. But, in my opinion, we could very well see a march back up toward $60 oil within the year.

It is my opinion that the "Oil Barons" of the world were not totally happy with what happened to oil prices. But, knowing it could provide an opportunity to acquire cheap assets (to replenish their depleting assets) by acquiring those that had them, but had to sell them at huge discounts, prompted them to support the political ambitions of America and her allies.

Time will tell, but I suspect we will see some upward movement in oils prices going forward. Again, this is my opinion. But at times, politics and business ally themselves to achieve dual purpose objectives, even if it means short term sacrifice by business.

WE MUST ALL REALIZE THE DIFFERENCE BETWEEN HOPE & EXPECTAION BASED ON GIVEN FACTS.

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