[COPO]

Cheap oil is hear to stay for at least 3 years or more. Don't be surprised to see $25 a barrel oil by mid year once Iranian oil hits the market before rising back to around $40 to $45 by year end and that's only if China's growth doesn't slow more than it already is. Shale oil technology was a game changer and the world is awash in oil. Technology will continue to improve to make shale oil profitable below $40 a barrel. US is now energy independent and will be a net exporter. Probably not good for Tesla stock unless there is a carbon tax that gets put in place.