Saturday, May 13, 2006
Impending hurricane season may push oil prices higher
Interactive Investor: Hurricane season to expose oil prices
Whilst damage from hurricane Katrina is still being repaired, there are 9 hurricanes forecast for the US this year, which could increase the price of a barrel even further. 'Crude oil prices are within $10 to $15 of the $80 to $90 price range executives think would likely trigger a recession.'
Posted by libitina @ 01:51 PM (243 views) Add Comment
- If you do not have an admin password leave the password field blank.
- If you would like to request a password allowing you to add comments and blog news articles without needing each one approved manually, send an e-mail to the webmaster.
- Your email address is required so we can verify that the comment is genuine. It will not be posted anywhere on the site, will be stored confidentially by us and never given out to any third party.
- Please note that any viewpoints published here as comments are user's views and not the views of HousePriceCrash.co.uk.
- Please adhere to the Guidelines
No comments have been submitted.
Be the first person to add your comment by completing the form below.