Is Oil Due for Another Big Fall?
Source: Energy Current, Jad Mouawad (3/10/09)
"While many analysts. . .expect oil demand to rebound sharply once the economy recovers, not everyone agrees that prices are necessarily going to soar at that point."
But a growing chorus of analysts and economists is questioning that notion. They see troubling conditions in the oil market that could still push prices down sharply. Some are predicting that oil could fall to $20 a barrel and stay low for years.