Replies to post #16796 on Value Microcaps Junior Energy

[bbotcs]

cleverrox: If overproduction is only 1.3 percent, U might begin to wonder whether a slowdown in demand also is affecting the price.

I remember when oil dropped to $10 a barrel? In the 1980's?
IMO, after oil bottoms, it could turn on a dime, unless worldwide demand is slowing down.