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11-18-2008, 02:48 AM #1
Senior Member
what's with the price of oil?
2 months ago I watched Donald Trump say that oil was going to hit $35 a barrell this winter. I thought he was out of his mind.lol He's smarter than he looks.
Its all good news as far as I'm concerned. The oil companies have spent nothing on upgrades or new refining plants for decades. They had billions of dollars in profits and spent none of it except for fat salaries.killerweed420 Reviewed by killerweed420 on . what's with the price of oil? Oil prices should be heading north, not south Friday, November 14, 2008 | 08:15 AM ET By Deborah Yedlin, business columnist, Calgary Herald It is certainly a sign of the times when the International Energy Agency publishes a study showing the risks of underinvestment in oil and gas projects around the world and oil prices respond by dropping more than $3 a barrel. But so it is when market psychology is overwhelmingly negative and short-sighted. The numbers released on Wednesday by Rating: 5
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