1986 Oil Glut

QUESTION:  When will oil prices recover to previous highs above $100/barrel?   ANSWER:  Someday. Will proposed expansionist policies of the Trump administration raise the price of oil?  Maybe.  On the other hand, his likely favorable policy toward oil exploration and production could cause the price of oil to fall further. In 1986 when oil pricesContinue reading “1986 Oil Glut”