GREY:MGXMF - Post by User
Post by
jimbojimon Jul 23, 2018 8:59am
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Post# 28351867
Oil at $400 USD? Paradox Basin looking good !
Oil at $400 USD? Paradox Basin looking good !Siciliano at www.washingtonexaminer.com reports "Expert makes the case for $400 per barrel oil".
Phillip Verleger, commodity consultant to Congress, predicts high price due to limited resources.
Also due to low levels of low-sulfer diesel fuel due to refinery -capable shortage and government mandate for low sulfer diesel coming in after 2020.
Plus Trump blockage of Iranian production this November, pushes up prices.
Per Allenjames this will push ZyncNyx battery for marine shipping to store solar/wind power.
Petrolithium Paradox Project will yield highly profitable oil at just the right time !