Skyhigh Oil: We have been screwed
Posted Sep 11 2008, 12:01 PM by Andrew Horowitz
Now mind you, this comes from some pretty smart people who have been certain that in the short span of only a few months the world's supply was being outstripped due to the massive industrialized growth within China and India. Then, just as fast, that all changed because (as the tale goes) the price escalation actually dampened global consumption. Come on fellas, do we really look that stupid?
http://blogs.moneycentral.msn.com/topstocks/archive/2008/09/11/oil-prices-we-have-been-screwed-by-manipulation.aspx