Oil prices will “normalize” in high 20s, lower 30s, predicts HerreraPNA’s favorite price guru says situations developing in Saudi Arabia, Venezuela, Japan and China will likely push oil prices even higher in the next decade; a fifth factor could have even greater impact Kay H. Cashman PNA Editor-in-Chief
Petroleum News • Alaska'’s favorite oil price guru, Roger Herrera, said in February that he believes significant drops in the price of oil are a thing of the past: “The price inevitably has got to go down a little, to perhaps as low as $23 a barrel. However, I believe the price of oil will stay up a....
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Four key questions “When?” is the question History is not repeating itself Herrera’s guess is high $20s, low $30s
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