end of year oil price predictions

OK, with oil off $10 in 2 days and $6 overnight to be the largest 1 day fall since 1991, lets see where people think oil will close 2008 at


Perhaps just make a brief comment attached


My call: $175-$180

Reason: This quarter is a cyclically weak period for commodities. Oil will likely fall another $10 short term, but from there i think it will hold and consolidate before moving much higher over the final qrt and a half of the year

The long term outlook for oil and commodities is up.

USD is also a garbage currency. If it weakens further, oil will spike again and again.