We do have more oil to produce but it is not going to be cheap.
In an open market it will not be $200 a barrel though. I got the $18 directly from the mouth of the guy pumping gas next to me. It sounded good.
“In an open market it will not be $200 a barrel though. I got the $18 directly from the mouth of the guy pumping gas next to me. It sounded good.”
That depends a lot on how much more money the fed prints. I guess since he was pumping gas he must be an expert. :-)