Nostra Damn Us

Damn, Nostradamus. Why couldn’t he predict the price of a barrel of oil? A barrel of crude hit a record $72 yesterday. The oil companies all claim that the high price on oil reflects the tensions between the United States and Iran. Nigeria has slowed its oil production due to tribal fighting. Other oil producing and political hot spots regions include Iraq and Venezuela. I guess that is what turmOIL means…

Here is a prediction for Nostradamus. The price of oil will hit the $100 mark within a year or two. Within five years the price of a barrel of crude will surpass $125.

[tags]oil, crude, barrel of crude[/tags]

Leave a Reply, Join the Conversation