[ExI] Whatever happened to peak oil by 2020?
Dan TheBookMan
danust2012 at gmail.com
Tue Jan 12 21:41:50 UTC 2016
On Jan 12, 2016, at 7:29 AM, John Clark <johnkclark at gmail.com> wrote:
>
> Oil is now selling at $31.41 a barrel, the lowest it's been in 12 years, and Goldman Sachs and Morgan Stanley both predict $20 oil in the near future but you need to take that with a grain of salt. Goldman Sachs predicted $200 oil in 2008 so they're not very good at forecasting the future.
Have a little faith! Pessimistic bias will turn up again in oil predictions -- as it does every few years.
Regards,
Dan
Sample my Kindle books via:
http://author.to/DanUst
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