re: #85 unproven innocence

Haven’t check world oil market prices lately, so I’m not sure if they are currently under 100/barrel. They may be. Price for any finite natural resource tends to go up with the passage of time. I expect that more than half of all revenue for oil will be for the last few percent to be pumped. If price is currently below $100, maybe it’s a promise to skip over the $100 price point when raised next time.

People who think declining oil production translates directly into declining profits are mistaken.

re: #93 Prof. Backpfeifengesicht, PhD

Not only the prices are below 60$, this has been big news for weeks now, like causing the Russian economical collapse and all.

re: #94 Targetpractice

With many predictions that such prices will stick around through the end of the coming year, if not longer.

That’s the current price for a barrel of WTI crude; Brent is not much more than that.