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« Lithium Stock List | Main | Jeff Rubin and Triple Digit Oil Prices »
Friday
Jan222010

Obscure Oil Price Forecast Update

We've been nosing around the oil supply issue this week which reminded me about a very bold and very wrong forecast made in July of last year by University of Calgary professor Philip Verleger. His prediction?

$20 oil by the end of the year.

He was off by $60/bbl.

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    Response: stock trade
    [...]Jim Letourneau's Big Picture Speculator - Blog - Obscure Oil Price Forecast Update[...]

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