"Basically, if you sell 100 barrels of oil at $50, you make $5,000, and if you sell 50 barrels at $80, you only walk away with $4,000."
50% reduction in consumption WOW!!
most dire state reduction in oil consumtion worldwide is still less that 10% but for argument sake even with 10% reduction at $80 revenue would still be 90*80=7200
Oil Price Speculation Truth Begins to Leak into Mainstream Media [View article]
BS.....look at your point # 2 do you even understand basic difference in wholesale and retail market, you sure heard of FUTURE but nave no clue whats its about...
Oil: A Slippery Slope Ahead? [View article]
50% reduction in consumption WOW!!
most dire state reduction in oil consumtion worldwide is still less that 10% but for argument sake even with 10% reduction at $80 revenue would still be 90*80=7200
Oil Price Speculation Truth Begins to Leak into Mainstream Media [View article]