Why Oil Prices Will Likely Drop Below $40 Soon

The fire in Canada rages on:



Until Canada finds and slays the dragon that started this, oil will find a bid.

Or perhaps Ming the Merciless has rained down fire in the oil region for he is long oil.

Or perhaps a campfire started this, but no matter, oil has found a bid. If you want $100 oil, I think you'll get it with the next administration.

 

Don't look now but it lost that bid.

 

How do you assess the possibility of decline in prices now?

 

Given what ?

 

Exclusive: Say goodbye to OPEC, powerful Putin pal predicts

http://www.reuters.com/article/us-russia-opec-sechin-idUSKCN0Y1104

 

Question: What does oil build and operate?