People won't like that observation but you are right on the money.
There is a strong possibility that oil will continue to fall for a while longer yet and when it recovers it will have to contend with much lower demand growth.
Coal is an industry in decline but I forecast it will come back over time as coal to oil/gas conversion technology improves to a point where it just may make oil exploration almost extinct.
That type of disruptive technology will change huge areas of mining and industry.
volume today, page-19
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