President Trump twittered about oil price once again, just minutes ago.
FYI, the world energy revolutionary is just at the very beginning, this will change the electric energy into a cheapest way.
The oil price has some bizarre models. Think about this, for maintaining the same profits, at 90 dollar oil production countries will supply less and at 20 dollar they will supply more. This model is saying that the oil price has a collapse price and has a dead zone. So after the collapse if price drops into the dead zone, the production will be limitless, for very oil output countries trying to maintain the same profits as before.
Consequently, if that happens, oil price will stay in the dead zone between 10-20 for many years just like 1970s. This price model even doesn't count the energy revolution in the cheapest electric cars.
The energy revolution should've happened in 2000 where little Bush was the president, but the 911 broke it.
Now President Trump looks like taking over Bush's action now.