Monday 19th May 2008, 8:34 p.m. : Oil will be $1000 per barrel before 2020.
Oil will go to $1000 per barrel.
Before 2020.
Everything points to that, including and especially government policies.
It's only my opinion. See if it's correct.
I recommend listening to the first hour of Jim Puplava's 24 May 2008 Financial Sense Newshour at http://financialsense.com/fsn/main.html. Here is the Mp3 - the relevant section on oil is the third quarter from about 40 minutes to 1 hour 3 minutes with Bill Powers and Jim Puplava.
I have started my Oil blog with this post too: Oil will be $1000 per barrel before 2020. 2008-05-19+.
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