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Page added on August 1, 2006

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It’s Time to Invest for $100 Oil

MSN Money – Investors, get ready for $100-a-barrel oil.


Energy experts say this kind of portfolio-wrenching spike in the price of oil isn’t far off. They chalk it up to two factors:


  • There are basic underlying energy shortages, while global demand from economic hot spots like China and India ratchets higher every month.

  • A half-dozen potential geopolitical flash points around the globe could flare up at any moment, increasing worries among oil buyers at best and disrupting supply at worst.

MSN Money



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