$25 Oil Could Happen Before a Return to $100 [View article]
good article i totally agree,,,, if u analyse the charts from 1990 to 2000 average price of oil was 25/barrel upto 50 from than on... there is a fair value.than there is 2008.. the year of total speculation with phony stories of supply demand & hurricanes that never hit all summer long and motorists paid the price while speculators made unreal profits. now finally prices are going back to normal ranges but it seems the speculating crowed is trying to have another go at it. if u can pump something x10 above its fair value, get away with making profit, why not.
$25 Oil Could Happen Before a Return to $100 [View article]