Page added on January 18, 2009
As crude oil languishes near a 5-year low of $35 a barrel, forward-looking investors have good reason to suspect that a new bull market is about to begin. Sure, oil prices might continue slumping over the near term. But don
As it turned out, we had both events. The world economy hit the wall, and the price of oil came down in almost a straight line over five months. And gasoline is cheap again, which is a welcome salve for our ailing economy.
Let
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