Stock Trader Larry

$25 Oil Could Happen Before a Return to $100

I agree that Oil may be going towards $25 before $100 also. With U.S. unemployment rising; continued consumer pessimism in the economy; global demand slowing; and the current possible false market support based on a hope for a market bottom around Holiday and winter seasonality; continued consumer debt problems will cause them to continue to cut back on driving to pay for basic necessities first.