RSAAKS

Will Oil Stocks Stay This Cheap?

Oil has always traded based on supply and demand more than the production costs. If trouble makers can stay calm and not blow up any pipelines, if winters stop being too cold, if subsidies for ethanol-solar-wind continue, and world deicded that nuclear is the way of future, then YES oil be head for $40. Otherwise, expect to revisit $100+, sooner or later.