GREY:TBTEF - Post by User
Post by
talladega10on Aug 14, 2015 8:29am
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Post# 24017696
Future Oil Price
Future Oil PriceAlthough no one can accurately forecast the price of oil or any other commodity if the price of oil follows what happened to natural gas we could be in for low oil prices for several years to come. Natural gas traded above $14 for much of the 2006 to 2008 period but has never been anywhere near that since then and currently trades under $3. Sorry folks but the future for oil doesn't too rosy based on that comparison.