http://www.usatoday.com/story/money/2015/02/03/opec-sees-oil-prices-exploding-to-200-a-barrel/22800331/
OPEC sees 200$ a barrel in the future. Posturing, or real talk senpai?
>>71464456
>Implying USA won't go to war before that happens
Good thing I bought an entire truck load of oil when it was 1.25$ a few months ago.
Now I can be rich.
>>71464456
It's possible
>fracking/oil sands no longer profitable
>conventional oil peaked in 2005 and is no longer expanding
>supply shortage
>price skyrockets
>global economy collapses and the price goes down $20
>oil production peaks
>industrial civilization begins to collapse
>>71464456
>Posturing
They know it's all over for them with the USA once the public gets ahold of the missing 9/11 report pages, so they have nothing to lose at this point.
The sand niggers are getting desperate.
>>71464456
Kek.
We bizarro markets now.
>>71464456
Posturing. 90% of all United States fracking operations have production costs of $15 per barrel. Add to that amortized capital expenditures and maybe you get $30 to get a barrel out of the ground.
>>71464456
who is that semen demon
>>71464456
$200? lolno fracking exploded at like $100, they don't have the monopoly they once did, I'd say $70/bbl at best, but it will be a while.
>>71467098
>$70/bbl at best
this
unfortunately most of /pol/ is still blue-pilled when it comes to commodities like oil
>>71464456
>4:28 p.m. EST February 3, 2015
fuck off until you can post a relevant and recent article
