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Sunday, September 13, 2015

Totally Fracking Awesome: Goldman Sachs raises the possibility that oil will fall to $20 a barrel


Link:
Goldman Sachs is very bearish on crude oil prices. The bank has cut its 2016 forecast to $45 a barrel from $57—and it’s leaving open the possibility that prices could go much lower than that.
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3 comments:

  1. Always On WatchSunday, September 13, 2015 11:08:00 am

    WOOHOO!

    The AOW household heats with oil. And we have an energy-efficient heating system as well.

    ReplyDelete
  2. Always On WatchSunday, September 13, 2015 11:08:00 am

    And what of the OPEC nations such as Saudi? **smile**

    ReplyDelete
  3. AnonymousSunday, September 13, 2015 11:38:00 am

    Deflationary bust to follow. Hey, every silver lining has a touch of grey.

    ReplyDelete