About Oil Prices

junkette asked:


oil is at $145 a barrel - no one really knows the exact cause, whether it’s speculators, demand from China and India, peak oil…

And obviously, oil is not just for driving - we use oil in almost every single industry. If oil stays at this price, or climbs even higher, it is going to cause alot of disruption - on a scale that is unheard of - estimates predict it’ll take 10-20 yrs to untangle the economy’s dependence on oil.

So what is your view? Are oil prices going to climb higher or fall?

Pine Scented Candles