Quote:
Originally Posted by Slava
Just out of curiousity, any predictions from these people when oil was at $100 say 6-8 months ago that we should prepared for $30 oil that they now predict? I'm not saying it won't happen, but more curious as to how much predictive power these guys have or how far into the future they can make these predictions.
|
Doubtful that an O&G CEO or a government official would make such devastating predictions public. Until its too late that is. Then they tell everyone that they knew all along and were prepared.
As far as analysts go, there were some that saw a fall in coming years. There were probably as many that saw it go the other way. That's the problem with analysts, they just state opinions.