Thread: Gasoline at $4 Coming to a Pump Near You, Unfazed by Rising Tab
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Old 11-12-2008, 09:00 AM   #1353
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Quote:
Originally Posted by Sam Hall View Post
I don't think the analysts know what's going to happen. They keep saying oil will bottom out at a certain price, but it hasn't. Someone in today's article said oil could reach $45 early next year.
Since we are likely in a global recession (perhaps a severe one), no, no one knows. It will be interesting to see what happens when demand picks back up in the spring.
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