Oil Prices - an explination
A great question and answer writeup in today's
National Review talking about current Oil Prices and why they are going up.
bq. The sharp rise in oil prices to $37 a barrel has coincided with a number of significant events involving geopolitics, macroeconomics, and the petroleum industry. These have piqued the interest of investors and have caused many portfolio managers to ask whether this is the start of a new era of sustained high oil prices.
bq. Is it? No. But to understand why, here are the most common questions being asked about oil on Wall Street, followed by the answers more people should know.
Check it out...
Posted by DaveH at March 24, 2004 12:56 PM