Friday, September 11, 2009

$200/barrel Oil Coming Soon??

Jeff Rubin thinks that just as the economic recovery gets underway, the price for a barrel of oil will move to $200. He correctly forecast $50 oil for 2005 and $100 oil for 2007. Well, he is selling a book so I guess we have to take all this with a grain of sand, but he could be right too.

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