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re: Aggy Board OT Discussion Thread
Posted on 1/17/15 at 3:46 pm to TbirdSpur2010
Posted on 1/17/15 at 3:46 pm to TbirdSpur2010
Its gonna suck when the price of oil goes back up
Posted on 1/17/15 at 3:51 pm to WestCoastAg
I was reading an article in the Wall Street Journal this past week and it looks like the prices should stay down for the first part of this year and then gradually rise to a new equilibrium by the end of the year. The new stable level should still be lower than what we've see the past 3 years though, if the US can continue the our output (thanks to shale) and OPEC doesn't curtail their production (they're loathe to do that anyways in order to preserve their market share).
Gonna be interesting the next few months to see how it plays out. Imma enjoy this while it lasts tho![](https://images.tigerdroppings.com/Images/Icons/Iconbanana1.gif)
Gonna be interesting the next few months to see how it plays out. Imma enjoy this while it lasts tho
![](https://images.tigerdroppings.com/Images/Icons/Iconbanana1.gif)
This post was edited on 1/17/15 at 4:18 pm
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