You might have heard that CLX07 hit $86/bbl today. Oil--in the next month--will...
Posted by Prof. Goose on October 15, 2007 - 6:53pm
Topic: Supply/Production
Here's an open thread and a poll for you to discuss the fact that oil went through $86/bbl today.
The five options in the poll are, "in the next month, oil will..."
1. hit 93 before it hits 79
2. hit 79 before it hits 93
3. stay in a trading range between 79 and 93
4. it's all geopolitics, what does a price signal mean anyway?
5. haven't you heard? it's all about the declining dollar. it has nothing to do with growing demand and a current lack of supply.
Enjoy. :)
[UPDATE by Super G] Poll is here.




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