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Re: Lindsy Williams: "Oil to $50 a barrel, McCain to White House"
 
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Published: 11 years ago
 
This is a reply to # 1,224,606

Re: Lindsy Williams: "Oil to $50 a barrel, McCain to White House"


>>
2 - the cost of oil will then be sent to $50 by way of new oil fields, soon to open, flooding the markets
<<

Don't get me wrong I believe that Oil will drop dramatically just not in USDs.
My reason is that it is artificially high to prop up the Dollar.

But this #2 here stinks; new fields (if found) will be pumping for ~2016 not now.
 
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