The oil price could collapse if demand suddenly wanes and there's a fear it won't rebound soon. Spec length flees. Hedgers rush to lock in down the curve and no one buys. We could end up in a heavily backward market as the prompt remains tight. We'll see. But in this scenario, a price drop does not make your case for you.
As you well know, I am in no position to provide any.
Sure, BP and Goldman may be just good friends.
....and I've got a bridge to sell you... "Any economic unit can emit money. The serious problem is to get it accepted" Hyman Minsky
