Saturday, November 21st, 2009

Posts Tagged ‘ CLMT ’

The Top 5 Oil Stocks for 2009

May 20th, 2009 | By J. Christoph Amberger | Category: Oil Investment & Alternative Energy

On June 10, 2008, Alexei Miller, CEO of Russia’s Gazprom, told a French audience that crude oil prices would reach $250 a barrel in 2009. His former Gazprom cohort and then freshly minted Russian prime minister Medvedev did him one better… pegging crude oil prices at $500. Was it wishful thinking? Did the gentlemen overdose on “hard-money” investment newsletters and Peak Oil Theory? We may never know.