Archive for September 23rd, 2009

will there be another crude oil price hike?

Wednesday, September 23rd, 2009
oil price
Imaginalis asked:


As the whole world knows; that the previous crude oil price hike is because of investors buying the commodity due to weakening US structure & Bush policies (invading Iraq & meddling with Iran). At one point, it rose to $145 per barrel. Now, the bubble bursts and the current price is below $55 per barrel. Will there be a second bubble in the near future?

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