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To: ckilmer
But with the U.S. expected to produce enough oil next year to make about 10 million barrels per day and with weak demand from Europe and China beginning to weaken, Cramer says it’s very hard to envision oil going back to the $70s and $80s. Boone believes it’ll go to $80-$90 by the end of next year.

Ol' T-Bone knows weakened weakening is strengthening.

52 posted on 12/24/2014 10:19:02 AM PST by RegulatorCountry
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To: RegulatorCountry

Ol’ T-Bone knows weakened weakening is strengthening.
..................
There is a little difference between T-Boone and Cramer. Generally all agree that the cure for lower oil prices is lower oil prices—because lower oil prices juice the economy—pushing up demand for oil.


53 posted on 12/24/2014 12:11:14 PM PST by ckilmer (q)
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