Fook OPEC!

[Acer]

One of the reasons OPEC even considers dropping prices (increasing output, really) at any time despite their chokehold is that they are aware that elevating prices for too long will stimulate the conversion to alternative technology. Here's a 2010 on the topic, from a time when prices were low: https://www.theatlantic.com/business/arc...ces/61557/

So, I expect an output increase eventually. Probably by summer. (You heard it here first.)