Why did oil price drop in 2008?

Related questions

1. Is heating oil more expensive than gas?
2. What caused oil prices to drop in 2014?
3. What happens when prices high?
4. What is WTI oil?
5. Will the world ever run out of oil?
6. Will the price of heating oil go down?
7. What was the price of oil in 2012?
8. What happens when the price of a good increase?
9. Why is heating oil so expensive?
10. What happens when oil prices rise?

Tags

1. #collapsing
2. #could
3. #almost
4. #price
5. #energy
6. #disputed
7. #responsible
8. #within
9. #however
10. #recession
11. #period
12. #prices
13. #supply
14. #caused
15. #december
16. #shrink
17. #month
18. #demand