Quote:
Originally Posted by gblowfish
Oil will go back up right after the election. Bet on it.
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I'm not sure about the election, but it will go up whenever the market starts recovering. So many of the emerging countries depend on us to import their goods, and when we suffer they suffer and thus global demand for oil drops.
Still, OPEC has already talked about cutting production due to a drop in demand - they won't let oil fall too far. Bastards.