Now common guys! Recent college grads and 20 something's on this site are telling us that we're in the midst of a huge boom that's going to shoot oil up to a billion dollars a barrel and we have nothing more to worry about! We have to believe them, right?!?
3 replies (most recent on top)
What they said.
Honest input - NAM oil busi. is done, 4-5 year down turn if not longer, bunches will go bankrupt, 10's of thousands will be laid off on top of whats already laid off, the old will finally have to retire, companies with money will buy the weak, Russia, Iran, and Saudi will pump so hard that bbl of oil will be worth 10 bucks, Service companies will close offices and shops, and most of us reading this will have to grab shovels and work for the HWY dept.
Will that work?