When Will Crude Hit $40/barrel again?

Crude will hit $40 about the time they come out with a "new dollar" worth 100 of the old.

 

i highly doubt we'll see 40 again unless there's a major dropoff in demand from alternative fuels.

it just costs too much to rip oil out of the ground

 

Thank you another person that views the obvious. Will it hit $40 maybe/maybe not. To say never is just idiotic for a trader/investor/academic to claim. Go back further than this latest trend up.

 

if you understand the whole debt market; and yield to it; unless yield goes up to twenty fold; price of oil will not come down.

 

lets vote on this again

 

Good idea...

 

if major US banks are allowed to fail and the US goes into a depression then that might happen

 

Once we're completely on alternative energy (wind, solar, nuclear), oil will be so cheap the Middle East will be begging us to buy it.

Obviously very far in the future.

 

Where's cold fusion technology they 'invented' back in the 90s?

I heard some high school teacher chatting with another over coffee that he has a concept to turn shit into fuel.

 

it will hit$40 many times in the future(after adjusting for inflation )