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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Crimson Ghost who wrote (80970)	7/2/2008 6:16:22 PM
From: RealMuLan	Read Replies (1) \| Respond to of 116555

Two things they need to do for gas to go back to $1.5 a gallon: one is to CLOSE DOWN Future market for oil. Way too much oil are now in contractors hands. Another is to build more refineries on the US land. That should be enough to push oil price back to $60 or below and gas price to 1.5. Since those are impossible, another Global great depression will do the job. It is not a matter of if, it is a matter of when.