Re: oil? Quote:
Originally Posted by dealagreeproceed what state was that?!?! | no state...
Oil will increase slowly and consistently. Most likely will not spike rapidly and I am not saying it will not be lower at the pump in the months to come. Oil production is starting to pick up right now and that is why I state this. Also, we will be moving more and more to oil independence and this will help in the barrel costs not dropping significantly more.
Now with everything I stated above, a surplus of oil world wide MAY cause oil production to drop further in the USA and it will slide much further but not likely...
USA is all I am referencing and this is my educated opinion based on friends who drill, extract, etc. oil from the good old PA, WV and OHIO grounds.
Now, gas is next to free and may not always be that way for the long term.
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