This story cited some experts who said if this keeps up, that the barrel price of oil next January, not jet fuel here, the barrel price of oil would be $90 next January. I'm wondering, "How come this news hasn't made it beyond the Bloomberg wire?" Because every time there's a story about some sheik or some analyst or some liberal Democrat somewhere predicting that the oil price is going to hit $150 or $200, it's plastered all over the place. But here's some people speculating that the barrel price might come down to $90 by January because of all this restricted usage.
Me: I was wondering what would happen if investor's realized that people were getting serious about conserving fuel.
Friday, July 18, 2008
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