Quote:
Originally Posted by heep223
The lower we go, the faster we see production drop off a cliff, the faster price will come back to reasonable levels. Do not lose hope people, it's hard to see past the current environment because we are humans, but it's always darkest before the dawn.
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Lets hope the darkest isn't sub $20 like it feels like we're headed. I would have thought people would begin shutting in marginal stuff worldwide at sub $40, but here were are at $28 and it hasn't happened yet.