Agree US has been buying influence all over the world for years.
just wish I had some of tax payer money........look at Iraq ........all the money and blood wasted!
You my knee sir, I think we have not seen the bottom yet this year until we get rid of glut by second half of year. Cash in money market now.......waiting. I agree with your numbers of 70-80 range. Market timing is hard to do ..........but it can be done :)
" It’s impossible to call a bottom point," Morse wrote, "which could, as a result of oversupply and the economics of storage, fall well below $40 a barrel for WTI, perhaps as low as the $20 range for a while. "
Word on the street is low $30s per barrel of Texas crude will be the low. This will get the attention of OPEC. Job market report is going to take a major blow........I am afraid this is is going to spill into the stock market.......sentiment.