Skip to comments.Chavez: Oil could jump to $90 or $100 a barrel
Posted on 05/26/2009 7:54:34 PM PDT by Flavius
Venezuela's president says he believes oil prices could climb eventually to $90 or $100 a barrel.
Hugo Chavez says he also is "more or less" in agreement with Saudi Arabia's estimate that in the more immediate future prices could hover between $75 and $80 a barrel.
President Hugo Chavez says that range is "where a fair price is at the moment."
(Excerpt) Read more at businessweek.com ...
When the powers to o slaps oil tax onto tin cans that are leftover , and introduce death traps with energizer bunnies.
Youd be lucky if the renewable oil is being sold for north of 200.
If Obuma has his way...we won’t need oil.
"Show me just what Mohammed brought that was new, and there you will find things only evil and inhuman, such as his command to spread by the sword the faith he preached." - Manuel II Palelologus
well the bs they are throwing around is the increased demand by the chicoms new car drivers in their own death traps, their emissions are in 1970’s range
but no clown talks about it,
and i guess Indians