Wednesday, May 14, 2008

Oil's Murky Math

A look into the difficulties in determining the future of oil prices...lack of data of actual reserves and heavy speculation make the futures market very hard to read. I have a feeling we may get a small reprieve in the coming year...but for the long haul? The only place it can go is up. If enough people feel the way I do, we might not get any short-term reprieve.

http://www.businessweek.com/bwdaily/dnflash/content/may2008/db20080513_734146.htm

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