Friday, October 07, 2005

Oil Price Bubble

Now might not be the time to "lock in" your winter heating fuel prices:
OpinionJournal - Hot Topic: "We keep hearing the word 'bubble' to describe industries with rapid and unsustainable rising prices. Hence, the Internet bubble, the telecom bubble, stock market bubble, and now, some analysts believe, a housing bubble. Yet for some mysterious reason no one speaks of the oil bubble--though prices have tripled in two years to as high as $70 a barrel."
Prices will drop and stay down from current levels.

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