Merrill Says $25 Oil in 2009

Discussion in 'Wall St. News' started by libertad, Dec 4, 2008.

  1. NY_HOOD

    NY_HOOD

    thats funny Goldman said 200 when it was at 140. these idiots have no clude.
     
    #11     Dec 5, 2008
  2. Mvic

    Mvic

    I wish I could share your optimism regarding the effect of technology on the future price of oil, unfortunately with the price of oil so low it is likely funding, private and government, for alt energy will diminish substantially. Oil at $200 is what we needed for a green technology evolution, oil at $20 kills it in a system like ours.
     
    #12     Dec 5, 2008