Sunday 20 July 2008

Oil prices droppped to $ 128.88


It is a good news really that the oil prices dropped about 15 dollars in one week ..

So is it the beginning of more dropping in the next few weeks and months ..??

Let us hope that .

I think it is the correct time for USA to do some thing financially to increase the value of the dollar very soon .. to help for more dropping of that oil prices .

And also it is the correct time to increase the oil production more to cover any increase of oil consumptions which will be expected during winter .

So it is the time for more cooperation between the big industrial countries and the production countries to give some control and balance to the oil market .

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