Is $100 oil coming soon?
THE TORONTO STAR
May 25, 2009
Rash of cancelled or postponed projects plus resurgent economic demand may have set the stage for crude rebound.
It's been a relief while it has lasted. Lower oil prices, that is. But the days of cheaper oil are numbered.
The brief respite from last summer's record-high crude prices, which aggravated the global economic slump, will soon give way to another oil-price spike that may be more painful than the last one.
THE TORONTO STAR
May 25, 2009
Rash of cancelled or postponed projects plus resurgent economic demand may have set the stage for crude rebound.
It's been a relief while it has lasted. Lower oil prices, that is. But the days of cheaper oil are numbered.
The brief respite from last summer's record-high crude prices, which aggravated the global economic slump, will soon give way to another oil-price spike that may be more painful than the last one.
