‘We’re in a long-term structural bull market’ despite price drop

‘We’re in a long-term structural bull market’ despite price drop

As demand for oil weakens, gas prices are declining, with the national average falling below $4 per gallon earlier this month for the first time since March.

But the pullback may be short-lived, one expert cautioned, and prices could rise again before the end of the year.

“We’re in a long-term structural bull market in oil,” Schork Group principal Stephen Schork told Yahoo Finance Live (video above). “By the end of the year, I would suspect that these prices will be back in that $100…


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