We also don't know what the long-term fallout is going to be. Natural gas has been unusually cheap recently because it's a byproduct of fracking for oil. But low demand for oil means less demand for fracking which mean less natural gas production.
It's really hard to predict where prices are going to be in a year, because you really have to predict how well the oil industry can predict future demand in this environment. If they shut down too much production and then demand comes back there could be a price spike. If they expect a quick recovery and are wrong, prices could remain on the floor for a good while.
It's really hard to predict where prices are going to be in a year, because you really have to predict how well the oil industry can predict future demand in this environment. If they shut down too much production and then demand comes back there could be a price spike. If they expect a quick recovery and are wrong, prices could remain on the floor for a good while.