Readers of this site should already have a good sense of how economic policies affect oil prices. For the past year, this site has provided sources of information that predicted the teetering stock market and unstable oil prices.
For those that have frequent the first iteration of our Facebook page, for the past 8 years, we have posted about how the Obama recovery is just an illusion that the US government perpetuated. At the beginning of 2015, when the Fed tried to raise interest rates, the stock market tumbled. The Federal Reserve simply cannot raise interest rates on this phony economy propped up by low interest rates and Quantitative Easing. So, what does all this have to do with oil prices?
Our prediction is that the oil and gas economy is going to get worse before it gets better. Many are optimistic that oil prices will recover in 2017 and 2018, but their assumption is based on demand remaining the same. If the current oil prices are barely stable at $40, what happens to oil prices when there is lower demand?