Carl_G
Short

$50, MAXIMUM PRICE OF OIL FOR YEARS TO COME?

FX:USOIL   Crude Oil (WTI)
With the new technology of batteries and more efficient ways to get from point A to B, the years of OIL             does seem to be fading. In Holland, almost every single taxi is now a Tesla             and the battery technology is just getting better and better for each month that passes. BMW             already having plans in action to have every single car model in a battery-driven version by the end of 2017, the transition from oil             to battery is well beyond and most certainly real. In OIL             , prices can rally up to ≈ $50 per barrel, but in the end it will keep on going down as the bid decreases. Looking at whats to come, an investment in new technology does at the very least seem lucrative. #Invest in the future.
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