Will the Oil price go up again?

if so then when? thxWill the Oil price go up again?
After this bailout I think the dollar is going to fall again. Oil will go up. Long term interest rates will rise, and so will inflation. Probably starting this week. In fact that seems to be what is happening to oil and the dollar at this moment, as its trading in Asia. The yield on the long bond ticked up about 30 basis points on Friday. And based on the futures, the market doesnt look good for tomorrow.Will the Oil price go up again?
Oil price is all relative to the supply and demand of this natural resource. Once the true oil supply in the world goes down next to nothing, obviously the cost of it will increase because more and more people will demand it.





However, by the time that occurs, I am confident that people around the globe will have implemented and started to use alternative energy sources on a regular basis instead of oil and thus the demand for oil will have gone down since there will be little need for it.





You also have to take into account the seasonal fluctuations of oil prices. During the summer months when people are driving much more and going on road trips, the cost of oil tends to increase rapidly during these months. On the other hand, during the colder months of the year when people's driving time decrease, the price of oil generally goes down. Once again, this all relates to oil's relative supply and demand through out the world.
Of course. It's being held artificialy low through some awesome favors, I'm sure bodies are popping up somewhere, too. When the dollar plunges because our entire economy collapses (real soon) the price of oil will inevitably go up. I have no idea when, but it can't be much farther off.