Barrel of Oil

Byadmin

Dec 4, 2008

Hey, in case you read my last post on the price of a barrel of oil, I now would like to revise my last statement. It’s going to fall. The countries producing it are fighting and OPEC doesnt seem to have much control over supply.. so they’re going to keep production as it is. $50 was a price that made sense as a bottom until I realized that the surplus is increasing and production isn’t being cut… because the countries producing and selling are acting foolishly.

i think it will be funny when i fill up my tank next at a $1/gal.

By admin