I'm not fond of high oil prices (my cars still runs with petrol) but the OPEC Cartel has managed to screw US Shale and bring prices very high to compensate for their previous losses.
I would not be surprise to see oil prices hovering 76 to 80 bucks very soon but I hope they will start increasing output, otherwise we may start switching to electric cars :p
I would not be surprise to see oil prices hovering 76 to 80 bucks very soon but I hope they will start increasing output, otherwise we may start switching to electric cars :p