Originally Posted By: whip
Chrysler is screwed if gas prices go back up. You'd think they'd learn from the past.
U.S. energy producers have clearly established that they can flood the market with oil at a relatively modest per bbl price, so it's hard to see how the per bbl price can go above that threshold for long. The drill rigs will go back in service and the oil patches will thrive, unless politics keeps them shut down.
Chrysler is screwed if gas prices go back up. You'd think they'd learn from the past.
U.S. energy producers have clearly established that they can flood the market with oil at a relatively modest per bbl price, so it's hard to see how the per bbl price can go above that threshold for long. The drill rigs will go back in service and the oil patches will thrive, unless politics keeps them shut down.