tag:blogger.com,1999:blog-3758330678390419129.post2972808975496829349..comments2024-02-13T02:39:22.756-05:00Comments on EconomicPolicyJournal.com: Jim Rogers: More Downside for Oil Followed By Major UpsideRobert Wenzelhttp://www.blogger.com/profile/14296920597416905488noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-3758330678390419129.post-49036575829984069832016-01-09T15:18:50.103-05:002016-01-09T15:18:50.103-05:00As an oil and gas employee, "lower for longer...As an oil and gas employee, "lower for longer" seems to be the phrase that is so often repeated by energy executives and their merry band of managers. But the problem, as Robert has often pointed out, is that the "experts" are only looking at supply and demand mechanics. The coming price inflation and maybe even the dollar's dive on international exchanges are the Anonymoushttps://www.blogger.com/profile/00799608136560732041noreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-46070713081902259522016-01-09T10:42:43.320-05:002016-01-09T10:42:43.320-05:00And then, Jim Rogers, prices will come back down a...And then, Jim Rogers, prices will come back down as drilling will begin again. Wow,what a prediction! Oil prices go down and up and down! Oil prices in 1860 were $20 a barrel and then 2 years later .10 cents a barrel. If we price adjust for inflation since 1860-1862 crude oil is probably the cheapest important commodity on the face of the earth. Dominickhttps://www.blogger.com/profile/10113091064299237392noreply@blogger.com