As I said in a previous post of mine, strong price oscillations are expected at or near the production peak. Prices can go up and down, but the drops don’t last for long and the overall trend is clear: it goes up. Graph by Frances Coppola. 10 Comments on “The oil price collapse: what’s so special about it?” Jerry McManus on Sun, 11th Jan 2015 2:01 pm Perhaps Mr. Bardi could be bothered to answer his own fucking question rather than wasting everyone’s time by tossing off a totally pointless one-liner that only appears to short stroke himself. What a useless git. Bandits on Sun, 11th Jan 2015 2:06 pm Oh boy comparing the past with now in this instance is a trifle naïve I’d say. Right now we have crippling debt, not yet peaked. We have peak oil, we have peak cheap oil, we have a couple of […]