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.
Strategies & Market Trends : The Financial Collapse of 2001 Unwinding -- Ignore unavailable to you. Want to Upgrade?


To: John Pitera who wrote (193)3/25/2017 9:35:04 AM
From: elmatador  Read Replies (1) | Respond to of 13803
 
In the whole period shown in the chart oil price was driven up and down by Iran-Iraq War that ended in 1988. Then Iraq invasion of Kuwait followed by the Gulf War.

In the absence of these conflicts most likely the line would be flat at about $20 per barrel.

I am speculating here that it will stay low in absence of major events such:
a war in south China Sea. (Unlikely as China has its new Mao-like figure Xi Jinping)
An action of that wacko North Korean guy. (Its rockets climb 200m above ground and the powers unleash a salvo on the wacko guy.)

That sort of thing