Monday 19 May 2008

Will oil be $1000 per barrel before 2020? Or will it not? (Originally written 2008-05-19+)

Monday 19th May 2008, 8:34 p.m. :
Will oil be $1000 per barrel before 2020 ... or will it not?

Will oil go to $1000 per barrel?
Before 2020?
Everything was pointing to that in 2008, including and especially government policies.
It's only a point for discussion. See if it's correct.
I am not so sure now. Note that the link below was at the top of the oil market.

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.