Archive for July 27th, 2008

How low do you think the price oil will drop?

Sunday, July 27th, 2008
oil price
JJ S asked:


The price of crude oil has dropped by dollars each day for almost a week. I think it’s down to about $124.44 a barrell right now. How low do you think it will go before it starts to hold steady or go back up? I think it may get down to $110’s, but not much more than that. I’m just guessing. Does anybody have more educated insight?

Eva
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