With Oil At Record Highs, Talk Of $200 A Barrel
24/7 Wall St. has run three or four pieces recently that suggested there are strong cases for $100 a barrel oil. With the $80 mark reached last week, some oil industry experts do not discount the possibility that crude make get close to $100 this year. Jeff Currie, head of commodity research at Goldman Sachs, describes it as "a cyclical bull market for oil". "There is a risk that the oil price will spike to $95 per barrel by the end of this year if the market remains in significant deficit," he told The Telegraph.
source:
http://www.247wallst.com/2007/09/with-oil-at-rec.html
have been pushing this crap since late July.
They're the ones who are pumping up the price of oil.
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"Money" has no value - people do.