What do you think will happen to oil prices in the short future?



  1. 0 Votes

    For now, gas will hover around the $2.50 per gallon mark, until demand goes up. In my opinion, this will not happen until the economy recovers, which will be the root cause for the demand. When you say oil prices, I automatically translate that into gas prices, but I do feel that the oil prices will hover a while and stay stagnant until the economy recovers globally. This will revamp its demand and therefore cause prices to rise. I cannot speculate as to how long it will take for the economy to recover, but that is my best guess as to what will happen.

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