1. Not finding help here? Sign up for a free 30min tutor trial with Chegg Tutors
    Dismiss Notice
Dismiss Notice
Join Physics Forums Today!
The friendliest, high quality science and math community on the planet! Everyone who loves science is here!

Oil Prices

  1. Nov 25, 2008 #1
    Will oil prices rise in 2009? Or will the economy keep the prices down for a while?
     
  2. jcsd
  3. Nov 25, 2008 #2

    Ivan Seeking

    User Avatar
    Staff Emeritus
    Science Advisor
    Gold Member

    From everything that I've heard from pundits and "experts", based on simple supply and demand, we should be between $70 and $90 a barrel.

    If the speculators come back, if we have a crisis, if we have a storm or an accident... Many people, including Boone Pickens, say that $200 oil is just a heartbeat away.
     
  4. Nov 26, 2008 #3
    Gad, who knows. Every time I try to predict future oil prices, I end up looking like a fool!!!
     
Know someone interested in this topic? Share this thread via Reddit, Google+, Twitter, or Facebook

Have something to add?