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Will oil prices keep falling?

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Will oil prices keep falling?

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The to this may vary from CNN to Wall Street Journal. The answer seems to be that the oil peak has been reached. While oil prices drop so will the price of gas. If this occurs it will be a boon to our economy. Let us hope that this is not a tempo situation. It is my opinion that the large gas companies purchased large amounts of oil and gas in advance long before the price of oil soared. The oil and gas companies purchased large a reserve amount of this fuel in advance. Some of these high prices should not have occurred.

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