What price do you think crude oil will be just before the November election?
Can you defend why you think crude oil will be a certain price? Also, any thoughts on the price of gold, especially if crude continues to fall?
Can you defend why you think crude oil will be a certain price? Also, any thoughts on the price of gold, especially if crude continues to fall?
April 29th, 2010 at 2:42 am
I don’t know about you guys but I’m getting very sick and tired of having to spend an unreasonable percentage of my monthly income just to drive around. Living in California certainly does not help the situation, either! Some people commute over 90 miles (each way) just to get to work. I guess I’m one of the lucky ones, since I only commute 25 miles to get to work…
April 29th, 2010 at 2:42 am
Because speculators have driven up the price, and demand is falling, I think we will end up with an oversupply. And I think that the price will be between $100-115/bbl. I dont think the election will have anything to do with it. Just geopolitics and that seems to be having less of an effect on prices than it did a few months ago.
April 29th, 2010 at 2:42 am
Price of Crude will probably be about $110-$115. Or is may just stay where it is now.