a thoughtful web.
Good ideas and conversation. No ads, no tracking.   Login or Take a Tour!
comment by b_b

Whatever. In late summer a big economic study by AAA claimed that we would never again see gas below $3.00/gallon. I don't trust predictions of this type, but I do trust history.





mk  ·  3607 days ago  ·  link  ·  

I agree. I wouldn't be surprised if we were at $100 in two years time. Too many factors can play into the price of oil.

Even so, I think the Saudi strategy makes sense.