Ready for crude oil at $200 a barrel?
14 years ago
Jeff Rubin, a respected CIBC World Markets economist has predicted that crude oil will hit (US) $150 a barrel by 2010 and $200 a barrel by 2012. This would translate into $7 a gallon in the US or (Cdn) $2.25 a litre, twice current levels. His arguments are that world oil production has stagnated at […]