Don't laugh too early. the plummeting oil prices are directly caused by falling demands due to the finacial crisis - which had nothign to do with oil. I do not know how long the global recession will last, and whether or not it will even turn into deflation at least in some countries, but once nations eventually have managed to get out of the valley of tears, oil demand will skyrocket again, to the levels we had in spirng and summer, and beyond. The oil price is down again due to the economic worries. Once the economy recovers, you won't laugh about oil prices that much anymore.
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