“We may see the price of oil spike sometime during the current quarter.”The prediction came true:
Data source: A screenshot captured from this page.
A screenshot from this Bloomberg page is consistent.
EIA data are also consistent.
Demand continues to exceed supply.
Ergo, prices are set to soar far higher.
A double dip recession is possible:
Data source: IEA report dated 2/10/11.
Note that prices are now above $100 and at the recession threshold.
Useful discussion found in the above link just above the image.
The solution?
1) Vote the Dims out of power.
2) Develop our vast domestic resources
Click the image & examine the facts:
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