http://www.seismictalk.com/oil-price-may-hit-200-a-barrel News and views, rants and raves from the seismic industry Thu, 15 May 2008 07:48:15 +0000 hourly 1 http://wordpress.org/?v=3.3.1 http://www.seismictalk.com/oil-price-may-hit-200-a-barrel/comment-page-1#comment-26 pozzy Thu, 15 May 2008 07:48:15 +0000 http://www.seismictalk.com/2008/05/07/oil-price-may-hit-200-a-barrel#comment-26 You have to think that the price will settle before this because of reduced demand. It is possible that it will hit the $200 but I don't think that the world economy will handle it without a major recession which will cause the price to normalise. You have to think that the price will settle before this because of reduced demand. It is possible that it will hit the $200 but I don’t think that the world economy will handle it without a major recession which will cause the price to normalise.

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