↧
how long did last petroleum crash last?
In reply to New Well Productivity Triples in the Utica; Gasoline Supplies at a Summertime HighIt seems prices plummeted in the 90's and stayed that way for at least a decade but I'm not sure. Do you...
View Article12 years
In reply to New Well Productivity Triples in the Utica; Gasoline Supplies at a Summertime Highoil crashed to $7 a barrel in 1986, and except for a few geopolitcal spikes, stayed in a range below $25 a...
View ArticleIs it cyclical
In reply to how long did last petroleum crash last?Forgot to see if there is a cycle pattern to oil boom and bust. reply
View Articleprobably
In reply to Is it cyclicalboom prices probably encourage overinvestment in new production which ultimately leads to a supply glut and a bust...the bust in turn leads to a long period of little new...
View Article