3 ms·Low oil prices makes it harder to compete for other energy sources.by vikramkr 7y agoLow oil prices makes it harder to compete for other energy sources.sfj 7y agoBut if a bunch of oil companies go out of business due to this, and then they cut production again, oil prices might rise sharply in the months ahead.vikramkr 7y agoYep. And volatility is no fun for anyone in the meantime.