What is happening to the price of crude oil?

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invite response
2012 Sep 20, 6:33pm 2,723 views 5 comments

Where do you predict it will be by the end of the year?

It could be a barometer of future expectations of the world economy.

OR is it going down because American cars are getting better and better mileage?

freak80 2012 Sep 20, 12:43am

AiJ,

If I could predict this stuff I'd already be retired and sitting on a beach in Tahiti.

Markets are random. They move based on whatever is in the news on a given day.

zzyzzx 2012 Sep 20, 12:59am

I also expected oil prices to rise after the QE3 announcement,

joshuatrio 2012 Sep 20, 1:09am

When priced in gold.....

American in Japan 2012 Sep 26, 12:17am

Down to $90/barrel.

American in Japan 2012 Oct 5, 9:44pm

Nevermind crude oil...the price of gasoline is higher than ever in California!

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