Gogreen, if you think the oil price is going to stay low IMHO you are sadly mistaken. I believe we are going to see increased volatility and higher highs than we have seen in the past. $200 US per barrel has been predicted. We are being lulled into a false sense of security by the low prices we are seeing at the moment. The global oil infrastructure is ageing and requires significant investment, which there is no appetite for at the moment. All the significant fields are declining. And please, do not mention tar sands. Canada is missing its greenhouse targets because of those noxious, evil tar sands.
Happy suspension! See you soon!! :-)
Gogreen, if you think the oil price is going to stay low IMHO...
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