RJ and other dealers have a very vested interest in getting people to be bullish and buy what they are selling.

No one knows where the price goes - it is definitely manipulated, but so is everything else.   While there can be intermittent spikes, the trend is lower.  And for good reasons.

- new technologies have brought down costs, so drillers will sell forward any price spike and start drilling
- marginal reduced demand (see Volvo shifting away from gas completely)
- shift to LNG (the real reason the Saudis are attacking Qatar)
- production cuts have been orchestrated, but holding so many countries in line for an extended period of time is impossible.  If prices are this low with orchestrated cuts, imagine what happens when they break ranks or cheat

In short - anything can happen, but the longer-term range is lower (likely in the 40 -  60 range).