When oil prices spike it will be brutal. Prices might reach $200. When this will happen is very hard to tell.https://twitter.com/andersostlund/status/687179846645084160 …
@lldzne I wasn't thinking one or two years ahead but maybe five to ten years ahead.
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@andersostlund@lldzne a year ago, no one predicted oil at $30. But you're ok confidently predicting the price of oil 10yrs from now??! -
@ThomasWitheford@lldzne I was using the word "maybe". Clear is that if no investments take place the eventual price spike will be sharp. -
@andersostlund@lldzne almost impossible to predict. US Shale may continue to blossom. As for next 10yrs, we may even have nuclear fusion!
End of conversation
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