View Single Post
Old 11-28-08, 06:21 AM   #4
Skybird
Soaring
 
Skybird's Avatar
 
Join Date: Sep 2001
Location: the mental asylum named Germany
Posts: 42,674
Downloads: 10
Uploads: 0


Default

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.
__________________
If you feel nuts, consult an expert.
Skybird is offline   Reply With Quote