Tag Archive | "price"

Oil Dropping To $25 A Barrel?

Sunday, December 7, 2008

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A leading energy analyst stated that crude oil prices may fall below $25 a barrel in 2009 while gas prices could drop below $1 a gallon if the worsening recession spreads to the country of China. Francisco Blanch, a Merrill Lynch Commodity Strategist said that “A temporary drop below $25 a barrel is possible Welcome back!

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