Oil Glut Driving Prices Lower

From the WSJ comes this graphic on how the gusher of Oil, including shale oil plus competition from fracked natural gas, have been driving prices lower:


click for ginormous graphic
Oil Glut
Source: WSJ


Better the price drop is dues to excess supply than a drop in demand!

Print Friendly, PDF & Email

What's been said:

Discussions found on the web:

Posted Under