You can talk goblins. You've got a real problem using "goblins"...

You can talk goblins. You've got a real problem using "goblins" KNOWING there is a Goblin here. Anyway, back to oil. Did you hear what French GDP growth was in the quarter just ended? It was announced a short time ago. Well I'll tell you. 0.1%. That's right. 0.1%. Nearly negative growth. Take SLOWING WORLD GROWTH everywhere combined with INCREASED PRODUCTION of oil and guess what. You suddenly have too much oil being produced. That means a fall in the price. When commodities fall in price due to oversupply they usually collapse. So it is quite on the cards that oil could be heading back below $30 - and much quicker than you would think.