crude oil price will it reach $100.
By jvs1950
@jvs1950 (7)
India
October 31, 2007 7:43am CST
As the energy consumption is increasing all over the world, the demand for crude oil will also go up. But at the same time the increase in price will attract more suppliers. So incourse of time (?)the price has to decrease. But the oil cartels will not like it. What will they do. THey preempt the move by curtailing the pump head production of petroleum. where will this guessing (forecasting ! )game lead to ? I request mylot members to ponder over this pround topic !
jvs.
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