Nobody wants any oil...
On Dec 19, 9:14 am, wrote:
So, let's recap: Oil is down in price almost 80% from its July high and
demand is down almost a staggering 2%...yeah, it's obviously supply and
demand that sets the price of a barrel of oil...
Last time you brought this up I said that the only way oil drops below
$75/bbl is with an economic catastrophe.
I stick by that.
Jon.
|