$30 Oil? New analysis predicts oil price crash based on natural gas pricing

Biofuels Digest
December 20, 2009 Jim Lane

$30 Oil? Natural gas analyst says oil price crash may be in sight. An analysis published in Ground Report suggests that oil prices are ready to crash to as low as $30 – undercutting the floor of first-generation biofuels pricing and putting advanced biofuels parity pricing in jeopardy.

True? Not true? The analytic framework is compelling, by focusing on the differential between oil and gas prices.

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