Oil Is Still Headed For $10 -- A. Gary Shilling -- Bloomberg -- June 28, 2016

The contributor must be "short oil" in trading. The article is reprinted at Yahoo!Finance but missing some graphics. The Bloomberg link is here. Archived.

No time-frames are provided in the linked article.

If I follow his analysis correctly: glut of oil leads to drop in price leads to "dot-com-like shock" or a shock like the subprime mortgage debacle that produced the 2008 financial crisis both of which led to recessions.

Others think that a global recession, perhaps brought on by Brexit, could result in price of oil plummeting to $10/bbl.

So,

• glut of oil results in $10 oil and recession; or
• recession results in $10 oil.

 Sic et non.

The good news, I guess: we're never gonna run out of hydrocarbon energy at accessible prices. 

Better news: oil at $10/bbl pretty much ends the unreliable energy scam (wind and solar).

Best news, I guess: at $10/bbl, GM is going to be selling a lot of SUVs.