$200 Oil Going Mainstream
Apr 29th, 2008 | By Dave Gonigam | Category: Oil Investment & Alternative EnergyIt’s enough to set off one’s contrarian radar. I mean, predictions of $200-a-barrel oil have been everywhere over the last week. CIBC analyst Jeff Rubin, with an eerily accurate track record of previous predictions, kicked it off last week with a forecast of $225 by 2012 with $7 gasoline to match.