When was the last time their long term projections turned to be accurate? I mean we had government projections less then 10 years ago projecting long term price of 10$ or less for oil. I would like to know what was their projection in the early 1980s, probably very high. Now they are saying NG will go under 5$ while oil would stick to 54 on average and 57 by 2030. Great, letâs all short NG. Duh...
Making 25 years price projections when there isnât consistent forecast for a year time frame is plainly moronic. But I bet those analyst are handsomely paid for their random forecasts.
