October 30, 2014

Crude to 'go the way of whale oil': Dennis Gartman. $10 Oil and More

"Fusion is going to be the great nuclear power of the next 150 years. And finally, we are driving less and less. We are using so much less gasoline than we ever have, in global terms, in national terms, in per capital terms," he said. "All of those things, I think, are going to be weighing heavily on crude oil. And where could it go? A lot lower, a lot lower."

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