Now if the oil-producing nations of the Middle East began to invest in alternative energies, would that signify anything, do you think?

Listen closely to the reason that Tom Petrie gives for why he thinks oil prices will decline in the next months: “Look, this economy can’t take $100 a barrel oil right now.” Which might be compelling to oil sellers, if we were the only buyer in town. Isthisnotagame?

Thanks to Leanan for posting the video.

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