So we start the year with the oil price still at the front of our minds and falling and I have to say I'm not sure what stops it going quite a lot lower and $40 seems to be the next low point possibly. Now I don't want to spoil what we are writing in the next VSA Quarterly as I know you are all looking forward to reading it - such an important release - haa haaa, well we put a lot of effort into to it so I'm not giving it all away just yet but do look at this chart of the oil price since 1861 in real terms and tell me if you think oil might go lower and stay low.
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Comments
wildrides
Moil ………. yep ……….. I agree ……… you have lost the plot .
Oxford Whale
MOIL? ffs. Even Chrisoil has given up ramping that one. Super heavy oil in a country with no infrastructure. Aint getting developed anywhere this side of $120/barrel.