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Back in July legendary peak oil fearmonger Matt Simmons
predicted
$100 barrel by January.
[/ QUOTE ]I can tell you for a fact that the same year that the price of crude oil started climbing and hit $25 per barrel, the Saudi Arabian state budget was based on a range of $10-15. And if
they don't know, nobody knows.
It's not just the Hollywood adage ("Nobody knows anything") that holds rock solid, it's also the one about having a monkey throwing darts at stock selections.
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C'mon I'm sure you've made a fortune off companies whose stock prices have appreciated a great deal due to the rise in the price of oil.