RE:RE:Oil's Major Support: $40/BAgree with everything you are stating ferret, except for IAE surviving. First off, with many refineries going into maintenance shutdown, WTI will drop into the $30 something range over the next two months, and THAT should finally be the bottom, unless of course all 'ell breaks loose in China or some other half-baked economy and a crisis triggers another major global recession. But that aside, we should see the bottom by October and then she'll begin to come around slowly for no other reason than demand will slowly begin to pick up and eventuallly outstrip supply over 2016. As for IAE not surviving, I really think this is such a low probibility to be hardly waranting any consideration. All IAE has to do is complete the FPF-1 and get her on site by the spring and the company will be sold - period. IAE needs 7-8 months of simply executing its plan, and the rest will take care of itself.