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To: Jurgis Bekepuris who wrote (56554)1/4/2016 7:49:04 AM
From: Grommit  Read Replies (1) | Respond to of 78774
 
>So which one it is? You knew what oil prices will do in 2005-2006 or no one knows what oil prices will do?

I thought I knew because I believed that peak oil was valid. Peak oil became invalid with fracking and other technology. My point is that no one predicted a return to $30 oil. IMO, future oil price predictions are guesses.