Oil crisis? it’s simple

There’s oil in the ground. To get it out, the price needs to be $70 per barrel. The price is $50 so the oil stays in the ground. When (if) the price goes back up to $70, the oil in the ground will be pumped out and sold. So, for the foreseeable future the price of oil will not exceed $70. Forget all those experts from Bloomberg making contrary predictions (and getting paid for it). Take it from me for free.
And soon I will bring you the truth about sex, puberty and fidelity. Take it from me, after 50 years of on hand experience I am beginning to understand, much as I understand about the price of oil.


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