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Daily Archives: June 30th, 2008

Cold Turkey

30-Jun-08

Last Tuesday (June 24), I made this prediction: “We could see a quick run-up past $140 towards $150 within the next two weeks. And we could see the first signs of shortages by the end of August.”
A barrel of oil went for $136.74 on June 24. On Wednesday, it dropped $2. But it topped $140 [...]