Quote:
Originally Posted by scho63
Oil will drop into the $60's and gas will bounce around the $2.00 level or maybe as low as $1.75 a gallon.
Russia is trying to stir things up and create chaos because their economy is taking a financial beating!
The US and the Saudi's are pumping the shit out of all the wells and flooding the market, plus the strength of the US dollar is really helping drive down the price-a double win for American citizens!
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Unlikely, OPEC is starting to put pressure on the Saudi's to cut production. If it goes below $70, it is likely that the Saudi's will cut some production.