The Cassandra of Oil Prices - New York Times »

Posted By aust 1 year, 7 months ago in Business & Finance

Arjun N. Murti remembers the pain of the oil shocks of the 1970s. But he is bracing for something far worse now: He foresees a "super spike" Ã;¢ââ;;¬" a price surge that will soon drive crude oil to $200 a barrel.

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Born and based in Australia! The country that brings the world kangaroos, koalas and iron ore!

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    supercynic1 year, 7 months ago

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    Remember the neo-cons talking about how the war in Iraq would pay for itself with their oil supplies? How Iraq would quickly be able to police itself? Protect itself? Have the neo-cons been right about anything? Can someone explain to me why I shouldn't blame the neo-cons for causing me to spend $75 to fill up my CAR? (It's not even a gas-guzzling model either.)

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