Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: cloud8
PUBLISHING billionaire Steve Forbes has predicted that soaring oil prices will lead to a crash that could make the hi-tech bust of 2000 "look like a picnic".

It's a good thing for Mr. Forbes that he didn't decide to act on his prediction and short oil back in 2005.

138 posted on 05/06/2008 3:52:38 PM PDT by snowsislander
[ Post Reply | Private Reply | To 1 | View Replies ]


To: snowsislander

NYMEX crude oil 121.80
When it crashes to $30 the fall will echo around the world.


139 posted on 05/06/2008 3:56:07 PM PDT by RightWhale (It's still unclear what impact global warming will have on vertical wind shear)
[ Post Reply | Private Reply | To 138 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson