And it probably would have approached that level if we didn’t reduce our demand. This drop is temporary only so long as we maintain current demand levels and no major world conflicts around oil take place. Of course, if drilling offshore is approved, we could go lower too. As the dollar increases, the price will fall. But there IS still an overall supply/demand issue going on. We’re not going back down to <$90 a barrel anytime soon.
at 118 per right now...so you wanna bet??? I'll put some money on "$90 a barrel anytime soon"...