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05-08-2008, 10:27 AM #1
A Bit of Encouraging News.........
Breaking News from MoneyNews.com
Lehman Bros. Report: Oil Bust in the Cards
Is $120 oil even real? Not if you ask the Saudis, or even Lehman Bros.
The investment bank’s oil expert said this week that the oil boom is due to bust. Economic growth across the globe will slow just as new refineries kick in, raising supply.
Recession or not, a U.S. slowdown will slacken demand sharply, right as new oil hits the market. "Supply is outpacing demand growth,â€Certified Member
The Sons of the Republic of Texas
Migrant children in Massachusetts lived among sex predators as...
05-19-2024, 11:33 AM in illegal immigration News Stories & Reports