See that's what cant be sustained, they are already making big losses with oil this low. Eventually balance will restore and prices will be back to 100 for a barrel. No one will benefit in the long term with these prices. Its just a repeat of Regan tactics in the 80's. They got Saudis to over produce then to get rid of the USSR. Give it 2 years before it goes all normal again.Companies have been increasing production to offset loses, at least maintain their market share and give investors a return that they expect.
It will fall lower. I suspect $30 by April
I am,
Abdi "No one will decrease production" Johnson
