$50 Oil Doesn’t Work

by Gail Tverberg via Our Finite World blog,
ZeroHedge.com
05/31/2016

$50 per barrel oil is clearly less impossible to live with than $30 per barrel oil, because most businesses cannot make a profit with $30 per barrel oil. >But is $50 per barrel oil helpful? Gail Tverberg argues that it really is not.

The Rest…HERE

This entry was posted on Tuesday, May 31st, 2016 at 12:47 pm and is filed under Economics, Oil. You can follow any responses to this entry through the RSS 2.0 feed.