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  • Seven Ways to Play Both Oil Scenarios [View article]
    I dont understand why oil at $50 to $60 is a reasonable price. It was not reasonable at that price, or $90, or $150. It is not even reasonable at $40 a barrel. In $US dollar weighted terms i consider it reasonable at $20/$25 a barrel.

    Oil must return to a more sustainable price given the now dead economic outlook. Once we start driving smaller cars with lower consumption and clean fuels, oil will not see these ridiculous prices again for many many years, and "Amen" for that.
    Jan 17 08:28 am |Rating: +1 -5 |Link to Comment
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