RE:We are heading for an economic crash, $40 Oil cometh Where will the supply come from to drop us to $40 oil? Cost of goods and services required to produce oil at $40 will have to drop massively! We've been to that movie before! No more drilling less production up goes oil...a recession isn't going to lead to $40 oil if it did it would be for a few months. On the gas side look at aeco prices just dropped to zero and all n/g companies are still moving higher...