That's a long article but very interesting - raises some very good points, factors, and trends in the commodities markets and their impact, but like a number of places offering predictions, they seem somewhat awry - predicting then oil prices at $89-$90 a barrel by September, but after a long surge, we're back down to $70 - which looks decidely cheap compared to the mid 70's highs we had a few weeks back.
Perhaps it is still worth checking if their predictions would really come true, just can't decide that easily coz Brian is right, we should also take note of the trend in the past, not only of the present.
I totally agree with Bryan. In fact, I live in the oil country part of Canada and let me tell you that I think the oil prices were definitely unusually pumped up. When the alternative fuels come out will oil go by the wayside? We shall see.
Profiting from Oil Prices
