$70 a barrel? No, oil is gonna go straight to $19.99 a barrel.
$138 is just a big bubble that was built up by crazy speculators. That bubble is gonna pop any day now!
pstarr wrote:And that'll happen when people become depressed, scared and stop leaving the house. That happens when it cost more money to go to work then they get from work, kind of like bad EROEI except it'll be negative MROMI--Money Returned On Money Input. The combination of the two--declining income and depression--causes an economic Depression.socrates1fan wrote:The only way the price will go down is if the demand does too.
Johny_Bloggsy wrote:pstarr wrote:And that'll happen when people become depressed, scared and stop leaving the house. That happens when it cost more money to go to work then they get from work, kind of like bad EROEI except it'll be negative MROMI--Money Returned On Money Input. The combination of the two--declining income and depression--causes an economic Depression.socrates1fan wrote:The only way the price will go down is if the demand does too.
That's ok with me, I hate going to work anyway...
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