SkyPilot
Well-known member
imported post
If the last drop was due to oil going over $60 pb, then I think we will rebound, as it (the market) will adjust. Just think about how great it would be if we dropped back to $50 pb. And that price would have been unthinkable a few months ago... I don't know what the ppb would have to be to cause a major kink, but I don't think we are there yet. Therefore, I am guessing we will continue to crawl upwards, with very slow average growth through the summer.
If the last drop was due to oil going over $60 pb, then I think we will rebound, as it (the market) will adjust. Just think about how great it would be if we dropped back to $50 pb. And that price would have been unthinkable a few months ago... I don't know what the ppb would have to be to cause a major kink, but I don't think we are there yet. Therefore, I am guessing we will continue to crawl upwards, with very slow average growth through the summer.