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248 comments on DrumBeat: April 25, 2008

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paal myrtvedt on April 25, 2008 - 9:32am Permalink | Subthread | Parent | Comments top

Obviously there is a “silent approval of PO taking place/imminent”, since they state that it (PO) can be Forestalled! Why forestall anything that doesn’t exist nor will happen …?
Also strange from within that article :

.....analysts Neil McMahon and Ben Dell forecast in a report today. Prices will probably rise later, beyond 2010, and reach $114 a barrel by 2015 as spare capacity declines, they wrote.

Right now WTI is at 118 $ ....and it is early 2008.

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Cslater8 on April 25, 2008 - 9:02pm Permalink | Subthread | Parent | Comments top

Your post Paal caught my eye. 114 by 2015, yet right now in 08 its 118?! Really makes you wonder if these guys worked on this article in a mountain hideaway and then published it before watching the revolving ticker on CNBC to see what oil is actually trading at. Either that, or they work for CERA.

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248 comments on DrumBeat: April 25, 2008

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