RE:RE:A joke about Economists and EconomicsYou must be from the Joseph Schacter school of oil forecasting...face the facts you have missed the run up. Trying to talk it down on this board will not help you make up for your mistake. Oil use to auto correct when USA Shale company CEO's comp was based on production growth. This is no longer the case. As a double check against CEO greed, banks are no longer a source of funding thanks to ESG. The ESG is a global factor so you will not see anymore significant offshore development by any of the majors. Any CEO who turns the taps on too much will be marched off the gang plank less their Golden Parachute by investors........