Originally Posted by The Duke

Probably the most troubling thing we're seeing w/ oil right now is, despite a slowing economy, oil prices are rising. Usually a slowing economy translates into cheaper oil prices...that is not the case here, which makes the current situation quite unique.

Usually a reduction in demand domestically spelled relief at the pump for the average American, but today there are just too many developing countries out there that have an insatiable desire for oil. During previous tough times, worldwide demand for oil was not even close to what it is today.

Bottom line: we're living in different times, it's awfully tough to predict the future here because there has never been a precedent in human history for what we're experiencing right now. This is uncharted territory for all of us.