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GoldmanSachs


$200 oil "Super Spike" within 6 months?

If $120+ per barrel of black gooey stuff of puts you in a bad mood, you might not want to read this. According to energy strategist Argun Murti of Goldman Sachs, "Surging demand was increasingly likely to create a 'super-spike' past $200 in six months to two years' time." Yikes! Ethel, get in the ark! No, first help me with this pair of aardvarks! While a high price for oil might bode well for the environment if it translates into less of the stuff being burned just to move us around, that large a gain in as little as 6 months could really put ... Read more →

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