Monday, June 9, 2014

SPECULATION SAYS THAT THE PRICE OF THE BARREL OF OIL WILL STAY ABOVE $100 THROUGH THE YEAR OF 2014–THE DAYS OF $35 A BARREL ARE OVER IT SEEMS SINCE THE BHO HAS TAKEN REIGNS OF ENERGY IN THE US

American oil production is surging. Yet oil prices remain near $100 a barrel.

You may be wondering: When will all of this additional production finally overtake demand and push the price of oil down?

You can find one answer in the price of oil futures -- which say we can expect oil to fall to closer to $80 in the coming few years and stay there.

http://www.streetauthority.com/energy-commodities/high-oil-prices-are-here-stay-heres-how-profit-30462447

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