Is this the break that we Americans were longing to see? your opinions on Oil Prices dropping?

They are saying prices of oil barrel may drop down back to $65 a barrel.





http://articles.moneycentral.msn.com/Inv鈥?/a> Is this the break that we Americans were longing to see? your opinions on Oil Prices dropping?
yep~!





last week i received letters from my Congressman, the House of Representatives, and yesterday Senator Chuck Hagel, all explaining their different views and what their plans are on high gas prices~!





in the letter i wrote to them i mentioned the ';Enron Loophole Act'; and Speculation situation.





i was told that they were trying to pass a ';Close the Enron Loophole Act and in the Farm Bill they were putting pressure on the Speculaters by higher fines and reauthorizing the r Commodities Futures Commission for tougher penalties~!





i think that pressure put on them did the job, cause by all the research it was NOT a supply and demand issue~!





i posted one letter last week and tryed to get the word out on what was going on with Congress and what they were doing about the high price of gas issues but some childish rightwingnut Bush-backers gang violated my and got my account of 9000 points suspended for good~!





i have copies of all the letters if anyone is interested~!





this site is not really about the issues anymore, its just childs-play~! Is this the break that we Americans were longing to see? your opinions on Oil Prices dropping?
It's absolutely possible, but one upward force that can't be modified is the demand out of China and India (combined, representing 40% of humanity). The article makes some strong points regarding downward pressures, and it'd be great if that happened, but all it would do is buy us time to do what needs to be done which is get off of oil.
It's just a reflection of the demand. If demand goes down so goes the price, if demand goes up, like it will this winter, the price will go up. If we can find a way to get by without oil we will be so much better off.
Let use the last few months to serve as a reminder what it will be like if we dont get of oil soon. Use this as a opportunity to really start to make the push for alternative fuel.
No, it is not a break, it is more like a tale told by an idiot, full of sound and fury, signifying nothing.





Wait til after the election.....
Don't get too excited. Winter is coming and they're going to go up again.
seeing is believing
We will never see $65 dollar oil again.
Yes. I'm sure it was caused by Bush's tough talk to the Russians.