Oil's Gains Are Due to Fundamentals, Not Speculation [View article]
shale and tar sands production/extraction rate, assuming everything goes perfect, and the technology is perfected yesterday, will not make a dent in the problem
the truth is the technology is not there and the production rate needed will never be therem much less be there months ago
in a word, the economy cannot support $200 barrel an oil
hence the devastating tsunami of a hyperinflationary/depr... we are heading for in the coming months
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Latest | Highest ratedOil's Gains Are Due to Fundamentals, Not Speculation [View article]
the truth is the technology is not there and the production rate needed will never be therem much less be there months ago
in a word, the economy cannot support $200 barrel an oil
hence the devastating tsunami of a hyperinflationary/depr... we are heading for in the coming months
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