SUBSIM Radio Room Forums - View Single Post - Gulf Oil CEO says gas could hit $1 next year

bookworm_020 · 12-07-08, 05:04 PM

I think that there will be a slump in prices in the near to mid future as the world economy slows and people reduce costs. The fact that there has been a move to more fuel efficient cars and everyone driving less will mean that demand will keep falling untill the world economy starts to pick up.

12-07-08, 05:04 PM	#4
bookworm_020 Navy Seal Join Date: Aug 2005 Location: Sinking ships off the Australian coast Posts: 5,966 Downloads: 1 Uploads: 0	I think that there will be a slump in prices in the near to mid future as the world economy slows and people reduce costs. The fact that there has been a move to more fuel efficient cars and everyone driving less will mean that demand will keep falling untill the world economy starts to pick up. __________________ "There is always one person in any organization who knows whats going on, That person must be fired" Last edited by bookworm_020; 12-07-08 at 05:05 PM.