Is Oil Coming Down?

I have been expecting oil price to come down since June 15 when it was only about US$138, but instead it short up to new heights to US$149 in July. Now looks like this expectation is coming true. The last few days oil price slide more than moving upward. If it falls below US$135 the next few days, it will be on its way down to US$118, then it may move to US$160 by early next year.




It is indeed difficult time for us here in Malaysia, especially politically. I am real fed-up, just wish the politicians thinks and work more for the citizens than just whacking like ducks. Blessed with many resources, we should be able to make it even the world is at it worst .... provided the right government is in place.

With oil price moving up for long term, one thing for sure, lifestyle need a change to basic. Basic? Say is easy but must try. Like to comment on living a basis lifestyle? Suggest some ways!