10-12-2004, 07:47 AM
What have people heard of crude oil prices ? I think its close to 53-54 USD. What will happen if for example it touches 70-80 ? Is this US elections related ? Will it ease after elections and say Kerry comes to office ? If it doesnt ease and say it hovers around 60-65 will it setup other major skirmishes ? When did it get to such levels before ?