Quote:
Originally Posted by Livia
Yes it matters to each of us. But although we can be "keeping an eye on it", you've got to hope the people who matter to the economy are keeping an eye on it.
Oil is not at an "all time low", the price of oil is low yes, but production continues. The Saudis have an enormous reserve, for instance. The USA isn't importing now because they have domestic wells and stocks.
The question of whether there will or will not be a world crisis isn't a question anyone on here can answer.
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I meant oil prices, not oil reserves.
Clearly but its a debatable topic if your interested enough.