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Wednesday, February 15th, 2012

Oil Breaks $115 a Barrel

Posted on: Apr 17th, 2008 | By Contrarian Profits | Filed under Featured, Financial News, Oil Investment & Alternative Energy

Like a broken record, oil hit new highs today while the dollar reached new lows…

Eric Roseman sees oil prices trending lower. He says, “Oil belongs closer to US$75, not US$113 a barrel.”

Byron King says, “Everyone has to realize that this is something permanent, going forward. “Peak Oil” will not pass if we ignore it long enough. And no one can solve the problem just by bellyaching about the rising price for gasoline.

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