I predict that the price of a barrel of oil will dip as low and $29 by Q2 of 2009 (currently sitting between $38 and $45). Not only are supplies fairly high right now but everything we read tell us that demand is going lower and lower. The recession causing us to use less oil [...]
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Oil will be $29 by Q2 of 2009
Posted in Energy Reform, Finance, Opinion, Predictions on January 12, 2009 | Leave a Comment »