RE:RE:Awesome interview by well respected oil analyst!!LOL, OPEC will begin over pumping and the US will increase supply and Santa is real
Donwaan wrote: On the other hand, Cody Willard 2023 prediction from MarketWatch: Oil will drop to $50 o $60 a barrel and stick around there for most of the year. OPEC+ member states will begin over-pumping while the U.S. increases its supply. This will be a boon to the rest of the U.S. economy, through it will also mean that earnings estimates for many energy companies will have to come down, putting pressure on their stock prices.