Step right up, Fool's, if you can place the correct guess on the price of oil, you'll win a teddy bear.

This is industry focus.

Hey Fool's Taylor and Tyler here talking about oil and gas on Thursday.

I mean I would really like to win one of those honey bears. I don't know you got

them stored in the back there I'm going to say 150 why not

you know there every other price prediction nowadays seems to go all over the place so

why don't I just do something completely ridiculous out of everybody

back to 2008 yeah everybody's to be scared again, everybody's wondering, peak oil, stuff like that.

I'll throw just a stupid number out there like that because everybody else is now too.

My portfolio would certainly like 150, That's more than double some of the

projections you've seen out there. Way more than that and here's a funny thing you know

so many of these almost seem like knee-jerk reactions you know about a month ago

so many banks were putting out their

2015 price outlooks for crude and basically within two weeks they've slashed them

almost in half. The biggest one, Goldman Sachs. They just recently changed their

their six-month outlook, which was a few months ago, or last month, excuse me,

$75, they've slashed it all the way down at $39.

Good for that.

Associated General, they've gone from 65 to 50.

Citigroup is really ambitious.

They're saying $63 for the entire year.

So it just seems like all the stuff that these guys are saying when they make these price targets

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