Dec 09
Ah… the good old days, back when you could blame “Big Oil”
Merrill Lynch says that oil might go below $25 a barrel next year. All that is needed is a world-wide recession:
Crude oil may dip below $25 a barrel next year if the recession that’s slashing fuel demand around the world spreads to China, Merrill Lynch & Co. said.
They call it “temporary”. I agree. Drill Drill Drill.