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Ferdinand E. Banks'
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1555 comments
Rating: -1396
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Let's look at the diagram for a few seconds. Oil goes from where it is now up to $100/b, and then down to $95/b.
Dec 12 09:43 am
|Rating:
0
-1
All Comments by Ferdinand E. Banks »Consensus Crude Oil Estimates [View article]
I'm sorry, but I have to grade that one F - for fruitcake. If it had gone up to 100 and continued up, then I wouldn't bother, but where is the logic in thinking/believing/pre... something that shows oil declining after three or four years. That kind of thing gives forecasting a bad name.