February 4, 2015 – NGI
RBN’s Braziel Sees Oil/Gas Market ‘Resilience’
By: Richard Nemec
While the recent rapid drop in crude oil prices has been likened to the price collapse of 1986, a rebound is not likely to take 14 years as the 80’s crash did, according to Rusty Braziel, a veteran of the oil and gas industry during that time.
“It’s not going to take 14 years, but it won’t be 14 months either,” Braziel, founder of the analysis and consulting firm RBN Energy.
“In terms of the futures market, prices are viewed to be...