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To: blam
My gut feeling is that the prices will go down around $40 and stay there for about 6 months...or just long enough to bankrupt some companies.

Because of the lower price of oil, some economies will begin to grow, and in doing so, help to soak up the surplus production. The price will rebound with the increase in demand.

The prices will be back up to where they were this past summer in about 12-18 months.

26 posted on 01/12/2015 6:22:17 AM PST by Cowboy Bob (They are called "Liberals" because the word "parasite" was already taken.)
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To: Cowboy Bob
The prices will be back up to where they were this past summer in about 12-18 months.

With that knowledge, you may be the next John Paulson!

43 posted on 01/12/2015 12:36:42 PM PST by nascarnation (....)
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