RE:Gowronggekko lmaoCome on ferret
as if the futures market can't adjust. Back up in time to July 2014 before the oil crash. Did the futures 1 year ahead predict that oil would hit $38 a year later? No they didn't. Stop acting like the futures don't change.
Frick, a couple of weeks ago, oil went from $38 to $47 in the span of about a week. So, you and I both know that oil can easily see $60 by dec 2015. Now I can't guarantee that it will recover, but I don't believe that oil will stay this low.