Shouldn’t Oil Be Much Higher Already?
- Saturday, March 26, 2011, 2:25
- Market
- Add a comment
With unrest and turmoil in oil-rich Northern Africa and in Persian Gulf nations, why isn’t the price of oil much higher? The last time oil spiked upward, into the summer of 2008, no such rebellions or revolutions existed. The sudden rise up to $148/barrel was blamed, for the most part, on speculators. This discrepancy between then and now has my variant perception detector on full alert.
http://blogs.forbes.com/johnnavin/2011/03/25/shouldnt-oil-be-much-higher-already/
About the Author
admin123 has written 23527 stories on this site.
