Policy, Coincidence Or Conspiracy: What’s Really Holding Oil Prices Down?

Article Abstract:

One thing I live by is the belief that “if coincidences keep happening they are no longer coincidences.”There seem far too many coincidences to credibly believe that the oil price drop is solely tied to U.S. producers over-producing, easy money from the fed, and previously high oil prices kicking off the shale boom. That is the general belief as to why the oil crisis exists and now exceeds the price recovery time of 1986, the last time OPEC decided to withhold supply adjustments.Just in the past few months alone we have witnessed the…

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