Quote:
Originally Posted by Gouge
Dec. 31, 2008?Crude oil prices plummet below $37 a barrel while the U.S. average price for a gallon of regular unleaded gasoline falls to an amazing 5-year low of $1.61.
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Judas Priest!
Why did the price of oil / gas plummet from July 2008 to March 2009?
A) George Bush's policies
B) Deflation, the prospects for a global depression and panic in the markets