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Kurt Wulf: Oil to $200 by Nov. 2012

April 19, 2011

Kurt Wulf: Oil to $200 by Nov. 2012

"On Course to $200 a Barrel by November 2012"

http://www.mcdep.com/rtweek110325.pdf

I don't know if that's realistic or not, but it seems to me that pretty much every time we see predictions like this become the conventional thinking the price has peaked (at least temporarily).

Disclosure: long oil and gas


Rating: 4.0/5 (1 vote)

Comments

kfh227
Kfh227 premium member - 2 years ago
One of the execs from a large oil company said it would happen by the end of 2012.

This country is to damn reactionary. We need natural gas now!

I almost want to go into 100% cash because there could easily be another recesion coming.

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