Posted on 01/24/2014 9:42:41 PM PST by ckilmer
The last five years have been a bad time for “analysts” in all categories.
fun stuff.
Is there much liquid pete going into power gen?
I thought it was all nat gas due to emission regs.
We have the oil to meet this demand, so what’s the problem?
It would be nice to get out of this recession...
5.56mm
We have the oil to meet this demand, so whats the problem?
..........
The question is which way are oil prices headed.
Lower oil prices will be great for the consumer but discourage more drilling—pushing away the chance for energy independence. Higher oil prices encourage more drilling but discourage consumers and choke off further economic expansion.
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