[quote=lostcat92120]I heard on the KPBS this AM that oil will drop to around $25 a barrel by the end of next year. This was based on a merril lynch study.
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Don’t forget, a mere six months ago all the news was that oil was going to continue going up, gas was going to $5/gallon the the end of last summer, and we’d reached peak oil. I have stopped believing in extremes (except as a response to an extreme: i.e., the housing drop as a response to the absurd bubble).
