All Posts Tagged With: "demand for oil"

Four Ways to Fight the “Oil-Flation Epidemic”

Want to know what the price of a barrel of oil will be in eight years?

Exactly $119.50 a barrel.

There’s no shortage of pundits predicting where oil prices are heading. And every day seems to bring new reasons to change the forecast – a resurgent dollar, Americans curtailing their driving habits, oil supply reports… The list goes on.

But the guys who really know the future of oil prices are those sitting right in the driver’s seat – oil producers.

Every day, they make bets about the direction of petro prices on the futures market. And right now, they’re telling you – in…

3Sep2008 | Money Morning | Comments Off | Continued

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