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It is surreal (bearish post), page-2

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    lightbulb Created with Sketch. 29
    I am in your camp Tony. I think it is because of our age.

    What truly pisses me off is that back in 2005 oil companies were making healthy profits out of $32 oil. How can it be they are all making losses 10 years later when we have been living in such a low inflation environment, which is another thing that pisses me off because that is a fallacy. I guess that answers my own question but the comparison between 2005 and 2015 is just irreconcilable IMO.

    The chart below is in log scale.

    Crude_oil_prices_since_1861_(log).png
 
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