Oil prices will go down to €10 per barrel

The oil producing countries are in for a shock! When you read or watch the news and you hear and see that the major oil producing countries are reducing oil production in an effort to raise prices, you would think that the €100 per barrel is an achievable goal. But it is a sympton and confirmation that oil prices are slowly but steadily dropping. Not that it cannot have one or two upside hiccups, but it is going down. Why? There is a good reason for this. When the oilprices hit an all time high of €161 per barrel in june 2008 (https://www.macrotrends.net/1369/crude-oil-price-history-chart) it set of a chain of events. It made people realise that things had to change and many people around the globe set off to do just that. Now in june 2017, we can see a number of trend getting a firm foothold. Houses are going to be energy self sufficient within the next 15 years. Indeed, they going to be little energy suppliers by themselves. With solar roof panelling th...