News

Feb

19

Why Oil Prices Must Go Up

It may be difficult to look beyond the current pricing environment for oil, but the depletion of low-cost reserves and the increasing inability to find major new discoveries ensures a future of expensive oil.


Feb

03

Opec Sees Oil Prices Exploding To $200 A Barrel

Right now the oil market is totally focused on finding a bottom for oil prices.  However, according to OPEC’s Secretary-General Abdulla al-Badri we’ve already hit bottom.  Not only that, but he sees a real possibility that oil prices could explode higher to upwards of $200 per barrel in the future.