Seeking Alpha

Steven Hansen » Comments » Single Comment

  • A $40 Bottom in Oil? [View article]
    the price of oil depends on so many factors. the reason for the projections of $200 oil was on the now faulty premise that economic growth would continue. a $40 oil requires severe economic weakening around the world. although this is possible, only a few are predicting this much economic contraction.

    there are other dynamics for oil. for sure it would be an economic stimulus at $40, but it would fuel expansion based on oil - and we would be back to where we are now in a few years as demand would outpace supply.

    i think it is in our best interests not to have oil fall further.
    Nov 05 23:32 pm |Rating: +1 0
All Comments by Steven Hansen »
Comments by Ticker
A, AA, AAPL, AAXJ, ABFS, ABK, ABT, ABX, ACAS, ACF, ACTC, ACWI, ADE, ADI, ADM, ADRE, ADRU, ADS, AEG, AEO, AET, AFB, AFL, AGG, AHBIF.PK, AHL, AIA, AIG, AIV, AIZ, AKP, ALGT, ALL, ALSK, ALTI, ALTR, ALXN, AMAT, AMD, AMGN, AMTD, AMU, AMZN, ANF, ANN, ANR, AOB, APC, APH, APP,
Steven Hansen is a
Top 50 Commentor
1721 comments
Rating: 3202 (4439 - 1237 )