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Thread: Goldman Sachs raises possibility of $200 a barrel oil

  1. #1
    simuvac Guest

    Goldman Sachs raises possibility of $200 a barrel oil

    http://custom.marketwatch.com/custom...3-630F12F2C764

    Goldman Sachs raises possibility of $200 a barrel oil
    Goldman's projections foretell persistent turbulence in energy prices

    By Steve Gelsi, MarketWatch Last Update: 1:42 PM ET Mar 7, 2008 NEW YORK (MarketWatch) -- With $100-a-barrel here for now, Goldman Sachs says $200 a barrel could be a reality in the not-too-distant future in the case of a "major disruption."

    Goldman on Friday also boosted by $10 the low end of its 2008-2012 projected range for crude to $60 a barrel -- significantly lower than current prices, to be sure, but a possible mark for oil if "normalized" trends return to the marketplace.


  2. #2
    dMole Guest

    O Really Factor?

    So AuG,

    Where exactly do your & my kind fit into THAT $199.99/bbl world????

    EDIT: "I'll fuel ANY car for $201.99 per US gallon, regardless of color..."

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