RE:Am I ever glad this year is overBrainCloud,
You were the one predicting 1 year ago Bankers will end the year over $5 ? the one who were predicting oil at over $70 by the end of this year. Well, you have been dead wrong.
BNK is trading at $90 cents and brent at $36.
Few persons on this board have been predicting this, 1 year ago as oil&gas111. But you prefer to put them on ignore and only listening people who share the same point of view. You can always learn from others even if they don't share the same point of view.
I predict 2016 will be another diffucult year. BRENT going between $20-$30 with Saudi Arabia, Irak, Iran...still increasing significantly their oil production. That's why brent is now trading under the price of the WTI.
You were also predicting 1 year a total collapse of US oil shale production. It never happened. US oil production is finishing the year at 9.2MMbpd up 10% over 1 year ago (the production is flat since 4 months now). US shale producers could lower significantly their breakeven which are now around $30-$40.
Merry Christmas to you braincloud and try to listen more to others next year.