Any guesses?
Will it be $50?
$20?
$5?
6 replies (most recent on top)
OPEC sees the world recession coming and is getting ahead of the curve and the US admin is pi---d about it bcz it will make them look back headed into mid-terms. This is too blatant to put into words. We still need much more pain for demand to drop lower. The hurt that EU and US will feel as a result of higher heating costs may just provide that pain.
So, for the poster that said we’d have to have a worldwide recession…
Any further thoughts?
In the spirit of Equity, I suggest we adjust everyone’s salary so that our collective net worths are equal within two years.
At the rate this recession is going, we can fully expect some sort of adjustment in April. Happy Easter y’all!
No need for a price drop to have layoffs. They will continue to be regular and untethered to any causal mechanism.
oil won't be going down that low anytime soon. We would have to enter a worldwide recession to have prices dip that low again right now.