Reactions to story from Fueling Station | tampabay.com - St. Petersburg Times and tbt*
Goldman Sachs predicts $200 a barrel oil in six months
http://blogs.tampabay.com/ energy/ 2008/ 05/ goldman-sachs-p.html
As the price of oil began steadily climbing two years ago The Fueling Station has consistently predicted that it was unlikely to go back down, contrary to what some analysts were confidently predicting. So, it comes as no surprise that a new report by Goldman Sachs says the price of crude oil could soar to $200 a barrel in as little as six months, as supply continues to struggle to meet demand. This comes as US light crude passed the $123 mark for the first time. Oil prices have now risen by 25% in the last four months and 400% since 2001. I am not an oil expert.
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