Prediction: Gasoline in 2009

Let's look into the crystal ball for just a second of what is to come this year. New president, access to capital is restricted, joblessness is on the rise. Okay, we know all that. How about something really juicy? Oil prices dropped to below $43USD a barrel today - the drop primarily fueled by reports stating that U.S. oil reserves were much greater than expected, suggesting demand continues to fall. My prediction is that demand will continue to decline till summer. After that we will see demand start to rise. If I were to place money on this, I would go long on gasoline after spring.