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$190 a Barrel Oil Possible

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Old Oct 19, 2005 | 06:37 PM
  #1  
Delta Flyer's Avatar
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Default $190 a Barrel Oil Possible

An oil guru is saying $190 a barrel oil is possible this winter. I'm not that pessismistic. Before I clicked, I thought it was T. Boone Pickens trying to scare investors into buying his stocks.

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Last edited by Delta Flyer; Oct 19, 2005 at 07:14 PM.
Old Oct 19, 2005 | 06:42 PM
  #2  
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From: Leominster, MA
Default Re: $190 a Barrel Oil Possible

I don't think its going to go to 190. I'd say $80 tops.
 
Old Oct 19, 2005 | 08:19 PM
  #3  
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Default Re: $190 a Barrel Oil Possible

That would work out to about $11/gallon for gas in California, and $8/gallon in the rest of the country.
 
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