HOW LOW CAN IT GO ? OIL..

ITS ALREADY 2015 OIL IS HOVERING 46 A BARREL...MY OWN FEELING IS THAT ECONOMY IN MANY COUNTRIES DOES NOT ALLOW FOR FRIVILOUS SPENDING ON GAS..SO MANY DRIVERS HAVE SIMPLY WALKED AWAY FROM THEIR VEHICLES .FOREVER..THUS LOW DEMAND = LOWER PRICE ....RUSSIA..SAUDI ARABIA,VENEZUELA,USA FRACK OIL HAVE ALL HAD INFLUENCE ON PRICE..PRODUCTION IN SOME OF THE ABOVE COUNTRIES NEED LITTLE MONEY,RESOURCES TO EXTRACT,WHEREAS TAR SANDS,FRACKING NEEDS A HI PRICE TO NOT LOSE MONEY...WITH A LITTLE LUCK TAR SANDS,FRACK OIL AND LNG WILL ALL GO BROKE..HOPE ITS SOON..EARTH CANNOT TOLERATE THEIR MEGA ECO DESTRUCTION ANY MORE...IMO....PHOTO 1000'S FRACKING SITES SOMEWHERE ON EARTH

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