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Msg  28167 of 28303  at  12/27/2016 11:03:39 PM  by

S_Colton

The following message was updated on 12/27/2016 11:05:25 PM.

Price of Oil in 2017

One analyst asserts that every time oil rises over $50/bl, the shale producers will lock in as many futures contracts as they can over $50 for 18 months or more and will start up the wells that have already been drilled but not yet brought online. (They can make good money at $50/bl.) Within a short time the price will return below $50.

What think you all?


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Replies
Msg # Subject Author Recs Date Posted
28168 Re: Price of Oil in 2017 - not so sure erasmus 1 12/28/2016 1:16:52 AM
28170 Re: Price of Oil in 2017 S_Colton 2 12/28/2016 2:53:49 PM


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