Everybodys invested in oil. Sure, lots of shorts and stuff by now, but thats not going to do much good. Not for pensions funds, or for governments. This thing will not blow up or over softly. Theres not an oil major or minor or a producing country left that makes a profit at these prices, and theres no sign anywhere to be seen that the drop will stop. If this keeps going, someday soon somebodys going to go to war.
Posted on: Mon, 05 Jan 2015 23:39:11 +0000