Energy - Energy guru predicts huge crude oil plunge

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Energy guru predicts huge crude oil plunge

Monday, September 21, 2009
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By Daily Crux Editor Brian Hunt:

Philip Verleger is one of the most respected energy analysts in the world. In addition to being a professor at the University of Calgary, he's also the principal of energy consultancy PKVerleger LLC.

Given Verleger's standing, it's always worth noting when he makes a bold claim… like that he's now "fairly certain" crude oil prices will decline below $40 per barrel this year. Read about the supply/demand situation in this article.

Read full article...

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Topics:		Energy \| Commodities

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