Monday, December 17, 2007

Triple-digit oil prices expected after 2007 records

Eric Bolling, an independent oil trader at the Nymex, said conditions that led to a record-breaking year will likely persist over the next 12 months at least. "It's a weak dollar, it's a strong global economy, it's China growing quickly at 13%," he said. "It's been a perfect storm for a commodity bull run. That's going to continue to go. There's

read more | digg story

No comments:

4-17-2024

Nukes in space: a bad idea in the 1960s and an even worse one now Evidence for Ancient Nuclear War on Earth UAE Sky Turns Green and Floods A...