Falling Oil Prices

[shibuya]

Instead of cheering that oil prices had fallen to $95 a barrel, the economic outlook looks really gloomy. Definitely Black Sunday has a lot to do with this gloom and doom!

[admin]

I think oil is finally getting back near where it should have been. The price of oil had been pushed up to bubble status by speculators just as real estate had. Markets will always have to battle with these types and therefore will never be perfect.