Oil headed for 70 bucks s barrel. Here we go.
Wonder how long till the pump price reflects it. https://www.bnnbloomberg.ca/oil-soars-as-u-s-killing-of-iran-general-stirs-fear-of-conflict-1.1368724
Forum Discussion
2oldman wrote:Yosemite Sam1 wrote:x2
And it doesn't make sense for us to still be guarding that oil shipping lanes and exposing our young men and women in harms way when all they while the administration is crowing about our oil and gas self-sufficiency.
A little googling on the outlook for shale oil might explain things a bit. Not good.
https://www.google.ca/amp/s/www.businesslive.co.za/amp/bd/markets/2020-01-02-us-shale-oil-running-out-of-steam/
