Oil prices about to rise, energy expert warns

Consumers who have been feeling warm and fuzzy about falling oil prices had better brace themselves for a blast of cold air, according to one of Canada’s leading oil and natural gas authorities.

Josef Schachter, president and chief investment officer of Calgary-based Schachter Asset Management Inc., said the recent swoon in oil and natural gas prices is temporary, spurred on by earlier forecasts of a warmer-than-usual North American winter and high inventories.
Winnipeg Free Press