How will this affect gasoline prices?
How will this affect gasoline prices?
Prices will go down at first.
Then someone from one of the oil companies will anonymously send a threatening message that will look like it is from Al Qaeda, sending oil and gas prices back up.
Prices are unlikey to fall anytime soon. Supply and demand,and the demand from emerging super powers (China and India) has never been higher.
Ghost in Saudi,
, apply today, over 50s welcome!
It's not just supply and demand but fear of supply.
An anticipation or fear that supply will be low in the future will cause a high demand now that increases prices.
If people feel there will be stability or progress and the supply is not threatened, the present demand will lessen and prices can fall.
The oil prices are psychologically driven.
I am going to say that there will be some sort of retaliation which will cause oil prices to rise, but separating that out from all the other factors might be quite challenging.
over the long run oil prices MUST RISE due to demand
for a few days they may go down though but that'll be shortlived
I think Obama should end the US military occupation of Palestine which is the cause of 911.