nope, he is wrong! opec already said they would not allow it to drop below $80.00 a barrel and they are already slowing down production...not to mention we are entering the peak demand period of the year... the next 3-4 months should see a steady climb in both crude and unleaded.....and dont forget about good old hugo chavez...plus you have china and india buying up reserves at an exponential rate ...and the last thing to think about is our economy which lets face it we are about to see a shitstorm of depression related ills across the board......
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.