Oil prices are declining once again. Small oil operators are hurting. Throughout the decades, these small E&P outfits have endured market downswings, vicious weather, and profit constrictions.
But this year all these crises have come at once.
By Dr. Kent Moors, Global Energy Strategist, Oil & Energy Investor • @KentMoors_OEI -
Oil prices are declining once again. Small oil operators are hurting. Throughout the decades, these small E&P outfits have endured market downswings, vicious weather, and profit constrictions.
But this year all these crises have come at once.
By Dr. Kent Moors, Global Energy Strategist, Oil & Energy Investor • @KentMoors_OEI -
Oil prices are declining once again. Small oil operators are hurting. Throughout the decades, these small E&P outfits have endured market downswings, vicious weather, and profit constrictions.
But this year all these crises have come at once.
Here's why the price of oil is slipping out of control...
By Dr. Kent Moors, Global Energy Strategist, Oil & Energy Investor • @KentMoors_OEI -
It sure has been amusing to watch the instant oil experts trying to shove their "square peg" explanations into the "round hole" price of oil this week.
So why do these analysts keep getting it wrong? Is it because they have vested interest in oil falling for short plays?
Maybe. But there's another force afoot as far as the price of oil is concerned...