Every boom is different. But it always ends the same way; with a bust. This time if you read one HC post after another we are meant to be in oil producers' nirvana. Oil consumption is meant to be on a non-stop upward trend while production is declining and just can't keep up. Ho hum. Ho hum. But this time it's different because of China. Ho hum. Ho hum. Even if the US enters a recession oil prices will remain strong. Ho hum. Ho hum. Believe this oil fantasyland story if you wish. But for how long will the markets? But this time it's different. Ho hum. Ho hum.
