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What Do You Think the Truth is Behind the Oil Crisis

 
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MA_TESOL



Joined: 11 Nov 2007
Location: Seoul

PostPosted: Sat Jun 07, 2008 1:58 am    Post subject: What Do You Think the Truth is Behind the Oil Crisis Reply with quote

I think it is a war on a different front. The dollar drops and prices go up and no one gives in. I have heard it predicted to go up to 200 barrel and if that happens, you'll probably only see regional trade. The implications are going to bring growing economies to a halt. I am sure countries will also start to ration it...already government subsidies are being lifted. I think it may be happening to fast for the needed adjustments to be made?
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