[justiceseeker93]

You can be that crude oil won't be going down to $20 per barrel if the Obamatons have anything to say or do about it. Their policy is to stick their collective heads in the sand and refuse to let anyone drill in the US or offshore, nor to allow new refineries. Then they have the gall to talk about promoting energy independence.

The only way to prevent oil prices from eventually breaking our budgets and our lifestyles is to vote these Dummies out of Congress in 2010 and vote "Osama" Obama out of the WH in 2012.

[SunkenCiv]

I doubt that crude will fall much below $40 a barrel, ever. But demand is so far down that it might see some kind of trade-mania intraday crater near $20 if the trading range declines to a low enough level.