Saturday, December 20, 2008

Oil prices expected to fluctuate over next year

I was listening I believe to CNN on tv this morning to someone(maybe the only one) who had got it right about the changes in oil prices. He had predicted everything that had happened as well as an economic recession caused by high oil prices and the subprime. He did this one year ago. What he said now was that he expected gas prices to go back up to about $2.50 to $3 a gallon by Memorial day then then go even lower next fall than they are now. He said this craziness would continue until we all got smart and did something other than oil in the meantime. Otherwise, it would just get crazier and crazier every year and the world would auger in more and more each year.

No comments: