its bound to reboundalthough i think oil will touch low $40s a barrel i belelive oil will stablize around $70-80!, the ENTIRE world needs high oil! saudi cant last forever with low oil, really low oil is slowing the entire world down! something will be done in due course to raise the price, weather its a WAR, or unrest... lets face it, north america, russia, china. and several OPEC nations need high oil, my bet is a price comes in everyone agrees on or they agree to drive it up! plus the shale usa will slow down to fort mac.. and now NG it will go up as well IF FACKING BC GARBAGE PROVINCE will approve a pipeline or fast track the LNG projects we be cooking
lets hope ENERGY EAST gets moving