Global economic conditions are so volatile right now, indications are beginning to point that oil and gas prices are set to shed off all gains and spiral downward. The market cannot withstand the higher prices of oil and gas, despite the efforts to cut production by OPEC. The dollar has fallen in recent times, and it is bound to spike. This recent bump in oil and gas prices will cause millions of investors to lose money in the short term and long term. They're becoming overly confident in the oil and gas markets, and that has contributed to skyrocketing prices. Investors cannot be this comfortable to these type of conditions.
Right now, it is in the best interest of all people, investors and consumers that we keep the oil prices steady between 35-$50 and the gas prices around 1.15-$1.30 range. We cannot allow the prices to jump over $50; $1.30 respectively. If we do not keep the prices steady, then we haven't seen the WORST of economic crisis YET!
What do you think? The economy right now is much different than it was a year ago. There are less jobs available, higher unemployment, less money in the economy, and so forth. If gas at the pump raises over average of $3, you will see a total collapse of the whole global economy.Are Oil and gas prices are set to plummet?
After the powers that be have decided whether or not it would be prudent to let prices plummet.
That is why people try to set things out - so they can make decisions in the future to go this or that way.
Schemers, in otherwords.
:)Are Oil and gas prices are set to plummet?
http://www.hydromake.com/
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment