Media Warns of $100/Barrel Oil – Still Hasn’t Happened

December 3rd, 2007 1:44 PM
Remember when everyone was warning of impending economic collapse from oil reaching that mystical mark of $100 a barrel? Over the past two months, it has been on the way according to the media. But as of December 3, the price of crude has decreased - not increased as predicted."Crude briefly cracked $90 a barrel for the first time and analysts say that will soon trickle down to the pump,…

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