SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Global Warming Free Energy Thread

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
From: Brumar8912/16/2014 2:22:27 PM
   of 84
 
A look at oil price down cycles:

http://seekingalpha.com/article/2757505-how-long-does-a-typical-oil-downcycle-last?ifp=0


....... it has historically taken up to 2 years for prices to complete a deep decline and then undergo a recovery.
............
Given that oil prices began to move lower in July of this year, a 20-month downcycle would mean that oil price may not recover until approximately Q1 2016.

  • The average peak-to-trough decline for the three corrections was slightly over 60%. For the current correction, a 60% peak-to-trough decline would imply a "bottom" price of approximately $45 per barrel. .......... The duration of the price "bottom" is approximately 3 to 5 months.
  • Report TOU ViolationShare This Post
     Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext