How cheap will oil get?
 

Once the USA owns Iraq.. how cheap do you think will see oil?

I want 40 cents a litre! I think that's like 80 cents a gallon.

I wouldn't expect to see oil get all that much cheaper, especially since Iraq is a member of OPEC.

It would likely be cheaper than it currently is, but not by a huge amount.

In the long-term, oil will continue to rise in price since oil is being used up faster than it is being discovered. In other words, demand for oil rises every year, but the known reserves (supply) of oil isn't increasing to meet that demand.

I just hope it stops the prices from yo-yoing like mad.

Some reduction is appreciated though :Graucho

cheap as shit :Graucho

There's more than 2 litres per gallon. duh