spot price, page-4

im very sceptical when institutions etc say the u price will come down to a particular point.

so many countries depend on it as an energy source, obviously, but millions and millions are either saved or spent depending on the price. it is in the interests of the govt's of USA france uk russia etc, to drive down the price as far as possible, using whatever means avail, including i dare say, misinformation and fearmongering.

of course, producers want to do the opposite and bump it up citing scarcity etc.
so, what is the true state of supply and demand?