Where are they coming up with these prices? WASHINGTON (Reuters) - The U.S. government on Tuesday sharply raised its 2008 oil price forecast to nearly $80 a barrel and said extra OPEC production may fail to stanch falling inventories.
http://www.nytimes.com/reuters/busin...=1&oref=slogin
Prices are $97 per barrel in 2007.
Re: Where are they coming up with these prices? I guess they figured out that we're going to keep buying it no matter what the price.
"Love never dies." The Beatles
Re: Where are they coming up with these prices? Prices are predicted to fall once the demand for crude to produce winter heating fuel subsides.
Re: Where are they coming up with these prices? Unless De De Dee starts spouting off about Iran and WWIII again.
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