Study: Gas Prices to Remain Stable for 2 Decades

[NewsFeeder]

Study: Gas Prices to Remain Stable for 2 Decades



http://us.rd.yahoo.com/finance/exte...s-to-remain-stable-for-2-decades.html/?ref=YF

 

[offroad]

Have to agree. Oil companies tried jacking up prices. People stopped driving. Stopped buying gas. Market at work.

 

[Bullitt]

The article is about nat gas, not big oil.

People never stopped driving. Pension and hedge funds liquidated their over leveraged commodity trades in 2008 when their hedges were blown. Forced selling was what took down commodity markets.