Monday, July 28, 2008
OIL PRICES
I just read in the August 11, 2008 in Forbes (p. 90) that last year it cost $2 a barrel for the Saudis to produce oil. With oil hovering around $130 a barrel today just think of the profits the Saudis are making. Also how long can US, European, or Japanese wealth leave their countries at this rate?
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment