oil to stay at/below $80 permanently
They haven't been around the oil business very long to even say that in passing, or they would know better...
Right on rockinbbar. In the oil patch you never say "never" or "forever".
The only guarantee is that the boom/bust cycle will continue.
Whether it's in increase in demand, reduced supply, fear from political instability or inflation finally catching up with our crazy Fed policy, I expect oil to go over $100/bbl sooner or later.
