It moved up for a few days. OH MY GOD I'M GOING TO LOSE MY JOB. Goldman Sachs also said it was going to +$200 this fall....and they were wrong. Which leads me to believe Goldman Sachs has a tendency to overestimate oil prices in order to spread fear in the market and cash in on gulliible people like you who go solely off analyst predictions and not a variety of sources when forumlating their opinions.

In addition, we are past peak demand season, and the US economy's weakness will provide a drag on oil prices regardless of what happens in the financial sector.

I think your responder's main beef with you was that it is people like you who seem to have emotional responses to commodity price movements, and people who buy into analyst predictions who distort commodity prices (both positively and negatively). Since we are airline pilots we don't mind seeing you giddy that prices were falling, but when you start getting all panicky about prices going UP, most of us don't want to buy into that panic, lest we end up feeding those prices up on fear and not fundamentals.