Replies to post #68 on Oil Prices - What to do?

[*~1Best~*]

Well actually Goldman was saying oil will trade much higher nearly 150 -200 in 2004.

Many were hyping about the theme of "Oil peak" for years.

The fact is that many are actually making billions and trillions off of high oil price.

[RDG013]

Well, from here prices cannot go much higher. We are getting closer and closer to the point where the increased cost is going to seriously start to impact demand. The speculators may push it a bit higher from here, but I believe if it goes too much further, there will be a bubble burst and we may see prices crash.

[AugustaFriends]

150 by July 4th