Thursday, January 20, 2011

Oil to exceed $150 a barrel, ‘probably go over’ $200 warns investor | The Daily Caller - Breaking News, Opinion, Research, and Entertainment

More threat to the economy.

Of course, there is absolutely no threat of running out of oil, it's simply greed on the part of OPEC.
They have repeatedly refused to increase production, thus ensuring a high demand, and higher prices.
This is the problem we have created for ourselves by not producing our own oil.

T.W.

Oil to exceed $150 a barrel, ‘probably go over’ $200 warns investor | The Daily Caller - Breaking News, Opinion, Research, and Entertainment

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