by Tyler_JC » Sat 14 May 2005, 14:58:55
My guess?
NY Crude oil, $60-$65
Uranium, $25-$28
Nat Gas, $9-$10
I think the price of all energy resources will be up by at least 10%. Don't forget, the Fed is still keeping the presses up and running at top speed. The relative price of energy might stay the same, but the money supply could be increased dramatically. Regardless, oil will be above $60 and gas will have to hit at least $9. Otherwise, we will have shortages in some areas.
As the old saying goes, "If you ran out of product and you still have people waiting in line, you weren't charging enough!" (I'm not sure if that's actually an "old saying" but hey)
"www.peakoil.com is the Myspace of the Apocalypse."