Comments on: Analysts Ponder If Oil Bubble's Burst

Oil Recorded Another Drop Friday, Placing It Almost $20 A Barrel Lower Than Its Peak

[samthetvcat]

pt 2


Like what if airlines who have been scrimping on fuel to save costs start to have to make emergency landings such that the FAA is forced to enact fuel minimums which thereby bump up demand? How easy is it going to be to retrofit homes with heating alternatives to oil this Winter (ie how much more can people curb demand)? What if transit companies start raising fare prices to take advantage of the boom in demand? What if talks break down with Iran or they try to play hardball at the bargaining table? What if China starts flooding the international market with US bonds such that the dollar tanks?

Also, what other industries are making money right now, so doesn''t that make oil relatively speaking more attractive? Who else here thought gold was peaking at $700 in 2006? There''s just not many other places for those fund managers to go . . . so like if demand starts to rise again rather than decline, then doesn''t it seem like probably the investors are going to the the blip into a flare?

I don''t know . . . maybe it''ll go down way down before it goes way up again, but how is it not going to eventually go up in the long run? :(

[timothyone-2009]

"Not a good week for the liberal Bush-basher moonbats!"


Bush-basher moonbats???? I know of not a single man, woman, or child, either here or abroad, who isn''t bashing Bush. Even the most retarded Republicans I know have seen the scumbag for what he is. People like you are the reason Germany outlawed Nazi apologists after WWII. We now need to tattoo TRAITOR across the faces of people who can''t give up their addiction to greed and fascist power. You better go wash your face, scum!

[rudy654-2009]

"Gas may be getting just a bit cheaper, but major changes in how Americans live and drive are already in motion."

There it is folks. Now, in a little while big oil will begin to cut production and claim there is an oil shortage caused by liberals and that more drilling on the moon will solve the problem. Oh, and don''t look our profits. We are just accidental victims of all that profit and blame the liberals anyway.

[rudy654-2009]

Oh please. Stupid article and then stupid people (fascists) commenting. The fact is Americans cut their use dramatically and now the speculators are regrouping to see what they can do. Prices have not gone down at the pump, as I was just there. Furthermore, this is typical of the last 8 years of price gouging. Just up the price to where the consumers are about to choke, then back off a little bit for just a few months. Then wait for a natural disaster, a potential threat of war, some politically shopped photos of scary missiles, or some other crackpot thing and then start the prices moving upward again. Yep, we''ve been here before folks, every year for last 8 years.

[oneamerican-]

Now that they have less to whine about, the drop in oil prices is just one more thing to make the liberal whiner''s heads *pop*.

Not a good week for the liberal Bush-basher moonbats!

Yippee!

[sistatee-2009]

"..experts who just days ago thought there was more juice left in oil''s meteoric run are reconsidering."

In other words, the experts don''t have a clue whether the price of oil is going up or down. But, we''ll have to listen to them day after day after day anyway.