Gas prices

[redaddiction]

Originally Posted by "W"

Late 2008 oil fell to $30 a bbl

And I'm sure you was still in high school but for most of us we lost thousands in the market and 401ks

Also unemployment was at a high

I think what Goooh is trying to say is in 2008 the price of oil fell because of the economy downturn. And not, the economic downturn happened because the price of oil fell. Same thing is happening now. Oil is falling because of low demand around the world because of a global economic slowdown.