Sunday, March 30, 2008

Oil price drop?

Analysts forecast a drop in oil prices due to a slow down in the US economy. This is welcome news as oil now stands at $105 per barrel and rising. It hit an all time record at $111/b on March 17, 2008.

Trouble in the middle east will make future oil prices higher than now. Also a drop in the dollar will cause all prices to rise.

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