Quote:
Originally Posted by Dollarmansteve
At some point within the next 6 months some huge speculative positions will unwind, the price of oil will free-fall, trough out and stabilize at a sensible level - I say $75 - $100 range. Markets have a way of finding equilibrium through volatility.
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The sheep are getting fed that we need to drill for oil off the US coast.
Most Americans don't understand the future markets and speculative purchases.