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#1 (permalink) |
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Senior Member
Join Date: Mar 2005
Location: Southeastern Pennsylvania
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Posts: 508
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Oil Prices
Gal Luft, a spokesman for the Washington based Institute for the Analysis of Global Security, said yesterday in an interview that he saw the prospect of crude oil prices rising to around $60/barrel "in the near future".
"The era of cheap oil may be well and truly over" he said. This morning oil futures were trading in New York at a little over the $60 mark.
__________________
America the Beautiful website - home.comcast.net/~nmusgrave/ |
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Local Time: 03:27 AM
Local Date: 12-04-2008 |
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#2 (permalink) |
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Junior Member
Join Date: Oct 2004
Location: Mid coast of Maine
Posts: 23
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Re: Oil Prices
My guess is that the era of cheap oil ended with the present administration's secret development of our energy policy with the help of the US energy industries
top mgmt. You remember - our VP's buddies behind closed doors . Has anyone here checked today's futures price on a barrel - last time I looked it was over $63. -If you have the money to start getting into solar for the home - now is a good time to start investing. Hopalong |
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Local Time: 11:27 PM
Local Date: 12-03-2008 |
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