Energy Secretary Says ‘No Guarantees’ Oil Prices Will Fall Soon

https://lemmy.world/post/44310844

Energy Secretary Says ‘No Guarantees’ Oil Prices Will Fall Soon - Lemmy.World

Lemmy

There is no way the prices are dropping. When the price of fuel tipped over $1/L here, it just became the new baseline. The base price now is $2.20/L, and even if the price of oil in general drops, I can not fathom businesses going below that new baseline once people become accustomed to the cost.