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Message: <blockquote data-quote="NodakBuckeye" data-source="post: 46875" data-attributes="member: 714"><p>I sat and listened to our vp or operations and someone asked him where he thought it was headed and he said in all his years none can really ever get it right.  He pointed out that current oil prices are not sustainable for production to meet demand long term and sooner or later OPEC (Saudis) will have to blink.  They tried this in 99 and got lucky when prices began to climb.  This glut will end, lower rig counts and drop off in current production will wag the tail the other way and prices will climb.  It would be nice if it where a steady climb over time not 35 this week and 90 come Christmas for instance.</p></blockquote><p></p>

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