Oil Cycles this severe tend to cause future shortages

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dan_s
Posts: 34648
Joined: Fri Apr 23, 2010 8:22 am

Oil Cycles this severe tend to cause future shortages

Post by dan_s »

The longer oil stays below $50/bbl the higher the chance that this cycle ends badly, with an oil shortage as soon as 2018. Read the article at the link below.

http://business.financialpost.com/news/ ... =6a8b-2b6d
Dan Steffens
Energy Prospectus Group
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dan_s
Posts: 34648
Joined: Fri Apr 23, 2010 8:22 am

Re: Oil Cycles this severe tend to cause future shortages

Post by dan_s »

Another article on point.

http://business.financialpost.com/news/ ... =6a8b-2b6d
Dan Steffens
Energy Prospectus Group
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