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> but I don't think we'll ever see $100+ per barrel oil again. It would just take a small scale war in the Persian Gulf (KSA vs Iran) for the crude oil barrel
by gotchange 11y ago
> but I don't think we'll ever see $100+ per barrel oil again.
It would just take a small scale war in the Persian Gulf (KSA vs Iran) for the crude oil barrel to pierce through the $100 dollar level and soar even further.
Never say never.
- dragontamer 11y agoNote that Iranian Oil Sanctions have only been recently lifted. The current oil prices is WITHOUT Iran in the market. Come next year, Iranian Oil will join the world market and drive prices lower.
- gotchange 11y agoThe more, the merrier If this is going to bankrupt the Wahabi and terrorism sponsoring House of Saud, I'm all for it