As world economies get depressed, alternative fuels can drive price of crude oil below $20 a barrel – the top is here
Joe Weinman
Nov. 11, 2007

Something climactic is happening the world economy and the oil price. The oil producers are enjoying heaven with price of crude oil hovering around $100 a barrel. The tar sand from Canada has started producing oil priced at $95 a barrel. The alternative fuels from sugar based ethanol will dominate the world markets in the next several years till Hydrogen as an alternative fuel finally kills the crude oil market.

The US and Euro zone has entered the realm of recession. The world economy is getting pulled into a state of depression. Japanese economy is again registering deflation and a negative growth.

The lack of demand and high crude price will be the main reason for a plummeting crude oil price that will wipe out several private equity funds and the hedge funds.

As world economies get depressed, alternative fuels can drive price of crude oil below $20 a barrel – the top is here
Joe Weinman
The tar sand from Canada has started producing oil priced at $95 a barrel. The alternative fuels from sugar based ethanol will dominate the world markets in the next several years till Hydrogen as an alternative fuel finally kills the crude oil market.
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Gloom dominates world stock markets – markets can lose another 15% before the year end and another 30% next year
Sam Adelton
The markets are in chill right now. In the next several weeks as more international financial insitutions announce their writedowns and plummeting reserves, the marjkets can go rapidly down mimicking a mini crash 1987 style.
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Home Resales Pending data will point to continuing slide in home values – a massive component of the financial meltdown as mortgage restrictions go into effect
Peter Oberois
The real estate market is suffering its worst nightmare. The sales are down. The prices have finally started eroding at a very rapid pace. The market is facing negative sentiment and mortgage restriction rules.
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Rising fuel prices and falling property values creating steep slide in retail sales – the recession has started
Neal Anderson
The economy is now shrinking as the retail sales plummet with exponentially rising fuel prices and a free fall in home prices. Add to that the sliding stock market, you are looking at a bleak holiday
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As stock market enters a massive bear cycle, Dow plummets, what can you do to save your retirement funds?
Nancy Sensua
Lower your participation in the stock market. The budget deficit will explode as the recession brings in less tax revenues. The bond market can go into a panic mode if oil hits $250 a barrel between now and 2012.
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Mortgage refinance – when should you make the next move?
Kirsten McLauren
A golden opportunity is developing for those whose total mortgage amount is between $417,000 and one million. The Federal Reserve has requested the Congress to allow HUD loans to cover the jumbos in that zone.
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How far can US Dollar fall? What’s the impact on US and world economy?
Tania Sailor
. In 2009-2010, after US economy hits the depression level slowdown, outsourcing and imports will be curbed. The US trade deficit will plummet for the first time after many decades.
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