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Old 07-11-2008, 08:58 AM   #436
Buccaneer
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Join Date: Oct 2000
Location: Colorado
Quote:
Originally Posted by Swaggs View Post
Any reason to believe that the price of something that is in diminishing supply and increasing demand is going to magically be cut in half within the next year?

Given that much of the run-up are speculator-driven (and fear-driven), the 'normal' price for oil should be about $80-$85 according to an energy supply expert I talk to. Plus, I suscribe to the Law of Expected Change where nothing will ever remain the same over a period of time and things will change all on its own regardless of attempts affect outcomes.
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