Take a sad gander at the latest crude oil pricing predictions. Scary stuff, my friends. So very scary.
Oil heading to $125, possibly $150 per barrel
The important point that jumps out in this video exchange is that the fundamentals are there to support a steady increase in the price of oil. The world has not yet hit a price high enough to have enough of an impact on pressuring consumption. CNBC flashes a chart showing per capita oil consumption and the US numbers are [...]
Technorati Tags: Oil Prices, Gas Prices
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