How long do you think the oil price run ups will last?

  • Thread starter Thread starter Masseur_at_Play
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Masseur_at_Play

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It appears that Iraq is going to start producing a lot of oil due to its newly installed government and the over all war effort of the U.S. and talks on how Iraq can improve itself through increased oil commerce. Iraq has enough oil reserves to supply the U.S. with a good 70 years of oil, but as we all know the gap between oil supplied and oil used is what greatly determines oil prices and this gap can easily be covered, and covered in excess, by Iraq. As such, how long do you think oil prices will continue to remain high?
 
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