Inland Insider

摘要

"There are three kinds of lies: lies, damned lies and statistics." The famous phrase describes the persuasive power of numbers, particularly the use of statistics to support weak arguments. Some of this characterizes the continuing energy debate about when we'll see a bottom in energy prices and when prices will begin to rise. Many have predicted for nearly a year now that oil prices will bounce back to a comfortable level around $60 bbl. to $70 bbl. and $3 to $4 for natural gas. However, that hasn't happened. Domestic crude oil prices will likely stay in the $50-bbl. zone, well below the consensus forecast of at least $60 for all of 2015. Natural gas is stuck below $3.