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OT - Oil Industry - 1 year from now

X | Factor

Recruiting Coordinator
Jan 5, 2005
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Canton, GA
So with OPEC most likely agreeing to further the cut and even deepen it; it's only going to amp up our own drilling and turning the spigots on. What is going to happen a year from now when we're pumping at record levels and OPEC throws another 2 Million BPD on the market. Are we going to see a deeper drop in prices than we did 2 years ago? OPEC needs to realize they don't have the control they once had.
 
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