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  • i_take_the_fifth i_take_the_fifth Apr 28, 2008 5:51 PM Flag

    $225 A Barrel?

    I read a report from a retired engineer from Shell oil that in 10 years oil will be $400 a barrel. If that happens, our country will be finished.

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    • I doubt it could ever happen. The country would be in a depression long before that and the big oil boys and opec would be cutting their own throat because the alternative energy people would finally win this battle both with the govt and with the people. Never happen...but yes they will push the envelope as far as they can! Maybe 160 a barrell, tops. Which will still really hurt many single and divorced working moms and even most middle class! Time to go short the market! Im short QQQQ and the banks now.

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