3 ms·
The cheaper oil is the more reliant the market gets on Oil. There are billions of dollars of investments going into plastics in US and abroad. The conventional
by sremani 9y ago
The cheaper oil is the more reliant the market gets on Oil. There are billions of dollars of investments going into plastics in US and abroad. The conventional wells are profitable at $15 per barrel. The only way to exit oil is either is too cheap for mass production or its to expensive for mass consumption. Currently, I do not see either scenario happening.