By the way, I have been interested for a long time and I forget to ask. They say that if the oil is lower, then 60, or 50, then mining her, in particular in Canada, etc.. countries, will become unprofitable in the sense that production costs will cost more than the oil itself. But, as far as I remember, when I started speculating on stock exchanges, in 2005 year oil cost 30-40 dollars and no one complained that production is more expensive than oil. And when the price began to rise to 60 and more, then analysts and other experts prophesied an apocalypse that such a high oil price would kill the economy of the whole world.
So what to believe?
