3 ms·

Do customers really believe the current exceptionally low oil prices are going to be a permanent feature?

• mrguyorama 6y ago
  Last time the oil price went down this aggressively coincided with the massive uptick in people buying SUVs
• xkjkls 6y ago
  Oil futures are under $40 all the way through the end of 2022: https://www.marketwatch.com/investing/future/clz22 https://www.marketwatch.com/investing/future/clz22
  • caf 6y ago
    I fully accept I may be wildly out of touch with the common man, but I tend to be thinking of 8-10 years product life when I'm considering the TCO of a new vehicle.
    • xkjkls 6y ago
      Oil futures don’t go that far out unfortunately
• jsight 6y ago
  I personally don't, and I suspect a lot of others do not either.