Thursday, December 4, 2008

Why Stop There?

According to Bloomberg, Merrill is out with research today saying that oil could go to $25/barrel next year depending on the severity of the global recession that we're in.

If the analyst is correct, he'll be a hero. If he's wrong, we'll have or be pricing in a better economy so nobody will care. It's sad but true that those conditions make it a good call.

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