View Single Post
Old 01-18-2016, 05:05 PM   #312
CaptainCrunch
Norm!
 
CaptainCrunch's Avatar
 
Join Date: Jun 2002
Exp:
Default

Quote:
Originally Posted by heep223 View Post
What if non-OPEC production falls of a cliff, 5X more than Iran's increase?

You cannot say that "price is only going to go lower" based on one variable. Way too much uncertainty.
I get a sense that Iran is going to flood the market, this is found money for them.

Plus it creates instability with Opec nations if they do that.
__________________
My name is Ozymandias, King of Kings;

Look on my Works, ye Mighty, and despair!
CaptainCrunch is offline   Reply With Quote