The Perfect Storm for Oil, page-14

Hi Tanon,

I believe that the benefits of cheaper oil are far more detrimental to business than consumers. Yes, we all love cheaper things as buyers but deflation prevents businesses from inflating away debt or credit via increasing prices. The fed have yet to raise rates by even a 1/4 of 1% after six years and frankly I think when they do (later this year) that the market will tank - massively. If you don't believe me then at least hear the words of one of the fed's own board members who last week what will happen. What does this mean for oil? Lower prices naturally - in response to a higher USD. It will however be the time of century to buy oil. It ain't going away any time soon. But be patient. Or you are going to get killed.