Oil Price Forecast - May 27

[dan_s]

Marshall Atkins at Raymond James recently made a presentation with his forecast that WTI needs to go to at least $70/bbl and possibly $90/bbl to stimulate more oil production and reduce demand in order to avoid a significantly under-supplied global oil market in 2022.

If you like to see the slides that he spoke from, send me an email and I will forward them to you: dmsteffens@comcast.net

I will be in Mexico May 29 to June 5, so send an email to Sabrina at energyprospectus@gmail.com during that week and she can send you the slides.