Quote:
Originally Posted by Hack&Lube
I don't know if it's just finance people trying to be bullish/optimistic or that they are disconnected from it all...
But I definitely hear that all the time from industry people, that this is the new norm/new paradigm for the next decade (or two!).
Our company just posted this comparing 1985 to what is being forecasted and how this is going to be a 20-year rut.
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Not trying to pick on you specifically Hack & Lube, but no wonder most of these companies can't turn a profit unless oil prices are criminally high.... They have no clue what the hell they're doing. Probably the same idiots that predicted that oil will be at $100 for the next century are now predicting $15 oil until the end of the millennium.