Friday
Jan222010
Obscure Oil Price Forecast Update
Friday, January 22, 2010 at 12:40PM
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.
$20 oil by the end of the year.
He was off by $60/bbl.




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