For the love of conversing, with someone other than myself? Its good to see gas prices falling. Crude Oil at $70 barrel is at a 4 year low! Good until?... OPEC has been producing almost a third more than needed which is driving the price down. Its hard to speculate the cost of oil production with the newer technologies we use, even by actual experts. Economist are forecasting the barrel to be less than $60 by the new year and could dive to $50 a barrel. Our oil boom is built on borrowed money, leased land, and hungry people. If we see $2.00 a gallon gasoline again, then it will be more challenging to bring oil to market. Leading to short cuts, cheap metal, blow outs, oil spills, bank failures,... Oh ya, How you been?
Posted on: Wed, 03 Dec 2014 03:53:22 +0000