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Thread: Where are they coming up with these prices?

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  1. #1
    Olympic Champ
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    Default 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.

  2. #2
    Ancient Arachnid Spider's Avatar
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    Default 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.
    Atrophy: what you get when you win atournament.

  3. #3
    Olympic Champ RYou's Avatar
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    Default 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.

  4. #4

    Default 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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