ross
Elio Addict
Oil prices cannot remain low in the long run, oil is a finite resource and we are fast approaching "peak oil production" at that point prices will rise and continue to rise as we see India and China continue to industrialize.If Oil goes below $70.00 a barrel they will start to shut down the shale oil fields in western ND. It costs them $70.00 a barrel to pull it out of the ground. Then again they may start dumping the oil and start capturing the natural gas their burning off right now!