John Pitera's Market Laboratory Message Board

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Strategies & Market Trends : John Pitera's Market Laboratory

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Blasher

To: John Pitera who wrote (17207)	8/27/2015 10:33:50 AM
From: Chip McVickar	1 Recommendation Read Replies (1) of 33421

Hi John - Nice to see a post from you... Low oil prices are definitely a boast for the consumer... and the economy Consolidation of the industry, bankruptcies and general lack of removal feasibility at these low prices will most likely cause a contraction of available supplies in the years ahead and subsequent price increases. $30 to $40 dollar oil and re-payment schedules will probably require the government to step in and take over many of these companies to insure a steady stream of product coming to the market. Look for another Fanny May Freddie take over - Chip

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