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To: SierraWasp; Sub-Driver; gusopol3; NormsRevenge; thackney; BOBTHENAILER; Grampa Dave; blam; ...
From MW:

EIA expects lower oil prices as demand eases

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Crude oil prices are expected to average $119 a barrel this year, the EIA, the Energy Department's statistics arm, said in an August forecast. That was down from the EIA's July forecast of $127 a barrel.

33 posted on 08/12/2008 1:12:47 PM PDT by Ernest_at_the_Beach (No Burkas for my Grandaughters!)
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To: Ernest_at_the_Beach
A lot can happen to effect the price of crude as we all know. Next years projection of 133 per barrel (per your reference) would still be much higher then a lot of us would have hoped would come to past.
Obviously the only way out of this mess is for all the factors many of us keep harping on to be allowed to come into play, with the least federal/state intervention as possible.
The clowns that continue to state "it would take ten years", etc., must be finally put out of office or subdued by a growing number of concerned congressional representatives.
The bastards have hog tied this nation for to many years. It is a wonder we are not paying six or more bucks per gallon at this point.
39 posted on 08/12/2008 6:05:34 PM PDT by Marine_Uncle (Duncan Hunter was our best choice...Now we are left with a bunch of idiots.)
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