trev0006
03-09-2008, 10:36 PM
Is $200/barrel oil around the corner?
http://www.blogsmithmedia.com/www.autoblog.com/media/2008/03/oil-barrel2s.jpg
After months of outrageous oil price spikes, we realize that the shock value of $100 to $105/barrel is fading fast, so we're going to skip ahead to $200/barrel. The finance wizards at Goldman Sachs have raised their outlook for 2008-2012 oil prices by $15 to a high end of $135 per barrel, but a major disruption could make matters much worse. How bad could it get? Goldman Sachs seems to think a spike to $150-$200/barrel is a possibility.
Goldman Sachs correctly predicted in 2005 that oil prices would reach the $50-$105/barrel level, and it thinks there's a chance that prices could drop down again, but inventories would have to rise over a couple years for that to happen. We can hope, but we won't hold our breath.
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http://www.blogsmithmedia.com/www.autoblog.com/media/2008/03/oil-barrel2s.jpg
After months of outrageous oil price spikes, we realize that the shock value of $100 to $105/barrel is fading fast, so we're going to skip ahead to $200/barrel. The finance wizards at Goldman Sachs have raised their outlook for 2008-2012 oil prices by $15 to a high end of $135 per barrel, but a major disruption could make matters much worse. How bad could it get? Goldman Sachs seems to think a spike to $150-$200/barrel is a possibility.
Goldman Sachs correctly predicted in 2005 that oil prices would reach the $50-$105/barrel level, and it thinks there's a chance that prices could drop down again, but inventories would have to rise over a couple years for that to happen. We can hope, but we won't hold our breath.
Fast cars (http://www.dpccars.com/)
Motorcycle (http://www.dpccars.com/motorcycle/motorcycle-video-gallery.htm)
Car reviews (http://www.dpccars.com/photos/spyphotos.htm) Wheels (http://www.discountpartcenter.com/wheels/allwheels.htm)
Car videos (http://www.dpccars.com/car-movies/car-movie-gallery.htm) Cheap tires (http://www.discountpartcenter.com/)