Quote:
Originally posted by Wayne at Pelican Parts
I predicted $50 oil a while ago. So far I've been wrong, but there's still time...
-Wayne
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It might go even lower? I'm not sure how it all works out, but I read in the paper that Chevron (I think?) found a HUGE oil supply in the Gulf, enough to double the current US reserves. They say it will take about 5-6 years to fully realize it and for consumers to realize it at the pump.
Any idea on what this will do to the price of a barrel?
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