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Oil keeps on slippin' - vanity
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Posted on 10/24/2013 5:40:39 PM PDT by shineon
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To: DungeonMaster
This is probably good for business, unless your business is oil. Or ethanol or growing corn.
Or selling tractors, or building tractors, or repairing electric motors used in milling corn (my job).
21
posted on
02/09/2016 5:27:21 AM PST
by
DungeonMaster
(the devil walks about like a roaring lion, seeking whom he may devour.)
To: Cringing Negativism Network
Was in the oil industry almost 35 years. Do not ever believe anyone who says they know what the price of oil will be in over a 3 month window.
You are right this business is cyclic, and it will go up at some time. As far as sweet spot for the US economy, we need energy independence. Doing that will keep the price in the $40-$80/bbl permanently (Exception- World geopolitical events)
22
posted on
02/09/2016 5:33:44 AM PST
by
catfish1957
(I display the Confederate Battle Flag with pride in honor of my brave ancestors who fought w/ valor)
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