Following the runup in crude oil prices, prices subside to under $100 a barrel in the preamble to the November election. The falling oil prices take the wind out of the issue as consumers no longer are paying over $4.00 per gallon at the pumps and refocuses the election on other issues such as the wars in Iraq and Afghanistan.
A favorable judgement can be made if the price of crude oil at NYMEX dips below $100/barrel intraday by end of Nov 3, 2008.
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@David, can you tighten the prediction up a little. Are you suggesting that the oil price dips below $100 by end of Nov 3, 2008? Suggest adding the following verbiage ...
A favorable judgement can be made if the price of crude oil at NYMEX dips below $100/barrel intraday by end of Nov 3, 2008.
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