Comments on: Oil will blow past $80 a barrel in 2016 http://blogs.reuters.com/breakingviews/2015/12/30/oil-will-blow-past-80-a-barrel-in-2016/ Mon, 26 Sep 2016 03:26:00 +0000 hourly 1 http://wordpress.org/?v=4.2.5 By: Sensiblebg http://blogs.reuters.com/breakingviews/2015/12/30/oil-will-blow-past-80-a-barrel-in-2016/comment-page-1/#comment-18813 Wed, 13 Jan 2016 13:37:25 +0000 http://blogs.reuters.com/breakingviews/?p=34848#comment-18813 This sounds far-fetched. Its crazy to imagine price at 80$ in the near future. The producers in the USA must be dumb to let such an opportunity go by, by the way they are more than intelligent.The only possibility for the price to reach ridiculous figures is to keep the sanctions on Iran and to expect greater turmoil in the Middleeast. America is playing its cards correct.

]]>
By: screen_name1 http://blogs.reuters.com/breakingviews/2015/12/30/oil-will-blow-past-80-a-barrel-in-2016/comment-page-1/#comment-18805 Tue, 12 Jan 2016 02:39:20 +0000 http://blogs.reuters.com/breakingviews/?p=34848#comment-18805 You will see God before you see $80 a barrel.

]]>
By: Franco39 http://blogs.reuters.com/breakingviews/2015/12/30/oil-will-blow-past-80-a-barrel-in-2016/comment-page-1/#comment-18801 Mon, 11 Jan 2016 18:53:34 +0000 http://blogs.reuters.com/breakingviews/?p=34848#comment-18801 Seems the other influence will be the geopolitical situation in the Middle East. Any threat of further belligerence, between Iran and Saudi Arabia will be start of significant movement. Also keep a close vigilance on Israel in this precarious situation.

]]>
By: maddog2 http://blogs.reuters.com/breakingviews/2015/12/30/oil-will-blow-past-80-a-barrel-in-2016/comment-page-1/#comment-18792 Fri, 08 Jan 2016 16:56:17 +0000 http://blogs.reuters.com/breakingviews/?p=34848#comment-18792 Which will in turn be only temporary, as the moment the price point gets back up to the still relatively low $45-50/barrel, the new production in North America will start increasing again.

]]>
By: vortex100 http://blogs.reuters.com/breakingviews/2015/12/30/oil-will-blow-past-80-a-barrel-in-2016/comment-page-1/#comment-18791 Fri, 08 Jan 2016 14:04:29 +0000 http://blogs.reuters.com/breakingviews/?p=34848#comment-18791 It seems to me once oil moves up toward $80 a barrel those shale oil and North Sea oil producers will be able to once again produce more oil at a profit, bringing a new glut of oil to the market and sending prices down again. Why would this not be true?

]]>
By: holnam http://blogs.reuters.com/breakingviews/2015/12/30/oil-will-blow-past-80-a-barrel-in-2016/comment-page-1/#comment-18781 Wed, 06 Jan 2016 21:44:43 +0000 http://blogs.reuters.com/breakingviews/?p=34848#comment-18781 They will do anything they want because nobody will stop them or even knows how.

]]>
By: PlugInCaroo http://blogs.reuters.com/breakingviews/2015/12/30/oil-will-blow-past-80-a-barrel-in-2016/comment-page-1/#comment-18767 Tue, 05 Jan 2016 16:40:42 +0000 http://blogs.reuters.com/breakingviews/?p=34848#comment-18767 The fall of Oil was predicted way back in year 2000 by Saudi Oil Minister Google Search “Sheikh Yamani predicts price crash as age of oil ends”… because lots and lots of oil have been struck… the fall has been elongated by sanctions on Iraq & Iran… Sheikh Yamani had not accounted for Shale Gas production… Saudi’s are cashing every last drop of oil before the price drops to ZERO!!!

]]>
By: howsad http://blogs.reuters.com/breakingviews/2015/12/30/oil-will-blow-past-80-a-barrel-in-2016/comment-page-1/#comment-18765 Tue, 05 Jan 2016 02:38:53 +0000 http://blogs.reuters.com/breakingviews/?p=34848#comment-18765 No No NO….I think oil will go to $300/barrel this year. Why? Because I do….thats why. How much more ridiculous can this article get?

]]>
By: Goober1 http://blogs.reuters.com/breakingviews/2015/12/30/oil-will-blow-past-80-a-barrel-in-2016/comment-page-1/#comment-18764 Tue, 05 Jan 2016 01:49:28 +0000 http://blogs.reuters.com/breakingviews/?p=34848#comment-18764 This article is a hypothetical think-piece. In reality, oil will self price-correct and remain at the right price for this time in history for the next several decades and then go even lower as demand fades due in major 21st century advances in alternate fuel and power sources, including a 3000 mile range electric car that can recharge in one night. Eventually, oil will cater mainly to the hobbyist segment that continues to run 20th century cars on archaic gasoline engines even as cheaper, cleaner alternatives become available.

]]>
By: freebird370 http://blogs.reuters.com/breakingviews/2015/12/30/oil-will-blow-past-80-a-barrel-in-2016/comment-page-1/#comment-18760 Mon, 04 Jan 2016 21:38:16 +0000 http://blogs.reuters.com/breakingviews/?p=34848#comment-18760 Some poorly educated low IQ newspaper writer claims he knows what will happen withe the price of oil. If this guy was that intelligent, he wouldn’t be working for Reuters. The true facts are no one knows what the price of oil will be in 2016.

]]>