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Full Version: New 'super-spike' Might Mean $200 A Barrel Oil
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Here Am I
"As the lack of supply growth and price-insulated non-OECD demand suggest a future rebound in U.S. gross domestic product growth or a major oil supply disruption could lead to $150-$200 a barrel oil prices," Goldman said.

http://www.marketwatch.com/news/story/gold...764%7D&dist
MMarc


All the more reason to invest in green companies, every time the oil goes up, demand for cheaper renewable energy also goes up....
Maz
Peak oil is not that far off... 1dsz5f1.gif

I just bought a vehicle with a V8 engine for the first time in over 20 years..I better trust God or park it...
flyingsquirrel
I've seen more of a super spike in my electric bill than in my gas bill...probably because it takes the electric plant energy like gas and coal to make electricity and they are passing on the extra expense to me as well as a 'fee' for their inconvience. dry.gif But maybe it is because the electric plant owners are paying more to gas up their Humvees and Mercedes SUV's and so forth, their C1500 Silverados, their BMW's...whatever tanker they are driving these days....and the funny thing is, I cut back on my electric use...and I get charged more....
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