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$200-per-barrel


Oil at $200 a barrel a distinct possibility if anything bad happens

Photo by ^riza^. Licensed under Creative Commons license 2.0. Now that we've all had a few months to get accustomed to crude oil prices hanging at $100 per barrel pretty steadily it's time to look ahead. The very real possibility of oil at $200 a barrel could be upon us if any unforeseen disruptions to the flow of oil occur, such as a terrorist attack, natural disaster or just some kind of mechanical failure or accident. The oil watchers at Goldman Sachs have boosted their projections for the minimum price of oil as well as the expected range ... Read more →

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