$20 oil this year on ‘devastating’ crude glut , page-9

  1. 33 Posts.
    HI,
    very small chance if at all that oil could get to $20 this year or the next. The flow on effect to huge multinational's smaller huge company's, a larger number of outlet's, less tax revenue for countless federal and state and national gov's, huge loss of jobs and the list goes on.

    no doubt oil could pull back and no doubt in many situations economic or political it could also go up.. $20 a barrel would never be permitted this year or the next in any way could be the opinion of some. Just an opinion tho.
 
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