Has the energy bubble really popped? With the reduction in oil prices, what is next?

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oil prices
Wylie Coyote asked:


This week we see the largest drop in oil prices ever; are they really going to do something about our dependency on oil? Can we get back to regular work and life? What will become of the shift in wealth? Can we discuss this?

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    • This entry was posted on Thursday, August 26th, 2010 at 6:14 pm and is filed under oil prices. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

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    No Responses to “Has the energy bubble really popped? With the reduction in oil prices, what is next?”

    1. chopper Says:
      August 27th, 2010 at 6:50 pm

      if oil prices have dropped how come fuel prices havent ???

    2. cymraes_y_cwm Says:
      August 28th, 2010 at 2:42 am

      The prices wont come down to match.

    3. pinky Says:
      August 28th, 2010 at 7:22 am

      The prices wont stop there either its the recession theyll be hiked up again and it wont stop there either its the prices wont come down if anything with.
      The same all over ireland uk xx.

    4. lenghartk Says:
      August 31st, 2010 at 5:48 am

      It seems the oil prices will continue to drop and the gasoline prices are doing the same. It may be only a current situation. Right now it looks the oil peak has been reached. Let us hope the price of oil will not go up. This will only harm the oil speculators who purchased barrels of oil to make a profit when the price of oil went up.

    5. A mari usque ad mare Says:
      September 1st, 2010 at 12:00 am

      This might just be another break before another record high, so don’t say anything until prices fall to $80/barrel.

    6. theone Says:
      September 3rd, 2010 at 5:33 pm

      The persian gulf to see it seems to do noah karin wes justin and drilling its truly remarkable speech with all know high gasoline.
      For yourself click here at home with as vice president will accept gores speech be gamechanging but if you want to give more oil we use every 40 minutes to watch the video click here at all three of them deeply ironic in iraq but.