Oil Price Predictions

Just imagine the significant benefits we'd see economy wide with oil at $50 again.
Published on January 21, 2013

Oil price predictions are notoriously inaccurate  so I wouldn’t take much stock in the actual figure that has been projected, but an article in today’s Financial Post makes a compelling argument that we will see a significant drop in prices across North America over the next couple of years:

http://business.financialpost.com/2013/01/21/wti-crude-may-fall-to-50-within-two-years-bank-of-america

Just imagine the significant benefits we’d see economy wide with oil at $50 again.

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