I meant to attach this one because it's such and outrageous statement from Pioneer Resources.
The media immediately swallowed the bait and parrotted it off - and that's why everyone thinks oil will be lower for longer. http://www.forbes.com/sites/arthurb...with-saudi-arabia-is-that-a-lie/#65638eaaaea3
I know a little of what Maynard Keynes though when he said "the market can stay irrational longer than you can stay solvent" but I remain patient rational and solvent.
The only sane one in a world of crazy people hahaha