To: blam
Well, if it goes down to $30, there would be little incentive to produce more oil. This will of course cause the price of oil to slowly rise again.
We’re just returning to the good old days of the 1990’s.
It’s just a cycle.
6 posted on
11/30/2014 6:13:47 PM PST by
SeekAndFind
(If at first you don't succeed, put it out for beta test.)
To: SeekAndFind
This does not bode well for the economy. It seems more like deflation and economy that is not able to utilize this cheap energy. Poorly managed economy by Obunglar.
10 posted on
11/30/2014 6:19:10 PM PST by
The_Media_never_lie
(The media must be defeated any way it can be done.)
To: SeekAndFind
Its just a cycle
What goes up must come down and visa versa
17 posted on
11/30/2014 6:26:12 PM PST by
griswold3
(I was born here in America. I will die here in a third world country. Obama succeeded.)
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson