Thread Rating:
  • 0 Vote(s) - 0 Average
  • 1
  • 2
  • 3
  • 4
  • 5
High Oil Prices - who gets the increases?
#9
I believe the current, sudden rise in price is speculator driven. It is a bubble, just like the dot.com and real estate bubbles, and will burst eventually. However, increasing world demand will probably keep the price from dropping all the way back to the previous prices.

That's my $0.02. That and $4 will buy you a gallon of gas for the next few hours.
Reply


Messages In This Thread
Re: High Oil Prices - who gets the increases? - by StarGlazer - 06-10-2008, 02:22 AM

Forum Jump:


Users browsing this thread: 1 Guest(s)