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Oil Soars on Goldman Sachs Prediction



Uploaded by: AssociatedPress
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Oil futures hit new highs Tuesday, as investors bought on a forecast of much higher prices and on any news hinting at supply shortages. (May 6)


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Things are going to ... ( 2 months ago by Hendo1974)
Things are going to get alot worse better getting better, minimize your debts,
SHIT IS GOING TO HIT THE FAN!!!!
They said it would ... ( 2 months ago by neotoy)
They said it would be ten years before it reached $100.. now it's $122. I'm guessing it will hit $200 before August.
time to get a 10 ... ( 2 months ago by Habib24202)
time to get a 10 speed
yea right, some ... ( 2 months ago by s10forlife350)
yea right, some major shit is goin to happen in the next five years, like what the hell is going on- women president, or oh yea lets have husane obama be our president, or lets have mckane send us all into war so we can die... HAPPY NEW YEAR!!
This is bullshit. ... ( 2 months ago by lastnymleft)
This is bullshit. Demand hasn't doubled, and supply hasn't halved, in the last year. Nothing like it. So why the dramatic rise in oil price? Here's the tip: it's not so much a RISE in the oil price, as a FALL in the value of the dollar that pays for it. With Ben Bernanke and the cowboys at the Federal Reserve Bank creating money like it's going out of fashion, every dollar out there in the system becomes worth less. That means that prices rise. Oil, rice, wheat - all commodities. Thanks, Ben.
Hell yeah bro, I ... ( 2 months ago by dorowater)
Hell yeah bro, I work right next to the Fed reserve in DC and these guys are a dollar short and a day late.
dorowater - Get ... ( 1 month ago by lastnymleft)
dorowater - Get yourself a great big "We are *NOT* the Fed. They are next door -->" sign, in readiness for when the revolution comes. Hate to see collateral damage coming your way!
Are you kidding? ... ( 1 week ago by alienmoonbase)
Are you kidding? These greedy bastards are SCALPING poor people's food!!!
Ever heard of commodities?
Why do we subsidize food only to have these greedy people run the price up!?
They are spear heading the energy spike. It is shameless greed.
GREED GREED GREED
THESE FUCKTARDS WOULD SCALP GRANDMA'S HEART MEDICINE IF CONGRESS MADE A MARKET LIKE THEY DID FOOD/OIL COMMODITIES!
GREED GREED GREED GREED GREED GREED GREED GREED GREED GREED GREED GREED GREED GREED GREEED GREED



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