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Packaging Corporation of America Message Board

southernrain67 1 post  |  Last Activity: Aug 3, 2015 1:21 PM Member since: Apr 6, 2001
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  • While I am a COP shareholder, I am not real savvy when it comes to the oil market. So, why is the market flooded with so much oil all of a sudden? It was not long ago that oil was in the $100 range, and we kept hearing in the media that we have reached "peak oil" and gasoline was going to be $6+ per gallon indefinitely. Now, it seems we are "floating" on oil. I am looking forward to be educated here on what is really going on in the oil market. Thanks!!!

PKG
65.54Sep 2 4:04 PMEDT