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S&P 500
6,816.89
(
-0.11%
)
US TECH 100
24,499.60
(
0.38%
)
Dow Jones
47,916.57
(
-0.56%
)
Brent Oil
92.41
(
0.00%
)
Bitcoin
71,730.15
(
-1.85%
)
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Investorman

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Investorman

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Re: MrBankRoll post# 19

Tuesday, 09/29/2009 8:43:50 AM

Tuesday, September 29, 2009 8:43:50 AM

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Last summer's "super spike" in oil prices was no fluke. Truth is, "oil prices could bounce back quickly" according to Dow Jones. Because there's no viable cure for the world's 80 million-barrel-a-day oil habit. And OPEC continues to slash production - setting the stage for another oil price shock.

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