How far do you see oil prices falling.?

Question

Crude oil futures are back below $110 a barrel on the expectation that congress will eventually pass legislation for offshore drilling, reduced demand, and in spite of Hurricane Gustov. Can we see sub $100 or even sub $90 gas prices in the near future? (Particularly, if the outer continental shelf legislation does pass.)

Answer 1

not low enough --- then fall/cold weather and another excuse to raise prices again

Answer 2

back to 40 bucks a barrel where they used to and SHOULD be