Quote:
Stranger wrote:
He feels the cost of a barrel of oil will be falling into the $20’s in the future. I cant see the oil companies letting that happen, but it sure would be nice.
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We will definitely see $20/ bbl oil in the future. We have seen it in the past (heck, we have seen $12 not too long ago). I don't know when, but I would guess it would be the date that the first new nuke in the US goes on line, given the history of utilities missing the market.