Mark is founder and CEO of the Digital Power Group, a Senior Fellow at the Manhattan Institute, formerly chief tech strategist for a tech venture fund, writes the “Energy Intelligence” blog for Forbes.com, and is co-author of The Bottomless Well (Basic Books).
How low can oil prices go? When pundits start competing to predict where the barrel will hit bottom, you know that a rebound is inevitable. It’s the inverse of what happens before a high-price bubble bursts. Only a few years ago forecasters were suggesting that oil might hit $300 a barrel