Originally Posted by
Aztec1
Do you think oil prices would drop if demand for oil in the U.S. would drop by 25% in the next year?
So far demand has dropped this year, but the price at the pump at least has stayed the same...but yes, if our demand dropped 25% in one year, prices would probably come down (we use 1/4 of the earth's produced daily oil). Our economy would take a dump as a result, though, lot of lost jobs, so it wouldn't matter if gas was cheap again, most wouldn't be able to afford it anyway.