Why did the price of oil drop in 2008?

Related questions

1. Do prices go down in a recession?
2. Why are oil prices declining?
3. Why are oil prices down?
4. Do oil prices go down in summer?
5. When oil prices go up what happens?
6. Do oil prices go up in a recession?
7. Who is the owner of oil company?
8. Where did oil originally come from?
9. Where does us get oil from?
10. How was oil created?

Tags

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