Thread: Gasoline at $4 Coming to a Pump Near You, Unfazed by Rising Tab
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Old 01-06-2015, 12:33 PM   #4709
scho63 scho63 is offline
Politically Incorrect
 
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Join Date: Feb 2009
Location: Scottsdale, AZ
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Look for oil to bottom out around the $35-40 level in the not too distant future. Several drilling projects that have large reserves are about to come online and that is only going to add to the glut.

Also, Russia is pumping the shit out of their wells to raise as much capital as possible to make up the large deficits they face.
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