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walter sachs ring a bell ?

Discussions about the economic and financial ramifications of PEAK OIL

walter sachs ring a bell ?

Unread postby elroy » Tue 13 Dec 2005, 10:51:11

I just watched some news on tv, financial (RTL-Z, for dutch) and I heard the news anchor say they predict a new phase in the oil business they expect to take place in the coming 4-5 years, and that we should expect prices of 100 dollar per barrel. Does anyone know any news sources online that would corroborate this story ?
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Re: walter sachs ring a bell ?

Unread postby elroy » Tue 13 Dec 2005, 11:26:20

Someone pointed me in the right direction. It's Goldman Sachs. link (pdf)
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Re: walter sachs ring a bell ?

Unread postby Leanan » Tue 13 Dec 2005, 12:10:22

They just re-iterated their position:

http://www.msnbc.msn.com/id/10449918/

They still think we are headed for a superspike.
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