PhillipGotthelf http://www.mrc.org/taxonomy/term/13683/all en Oil Recession: Analyst Foresees Oil at $40 a Barrel or Lower http://www.mrc.org/articles/oil-recession-analyst-foresees-oil-40-barrel-or-lower <div class="field field-type-nodereference field-field-source"> <div class="field-items"> <div class="field-item odd"> <div class="field-label-inline-first"> By</div> <a href="/author/jeff-poor">Jeff Poor</a> </div> </div> </div> <p>&nbsp;&nbsp;&nbsp;&nbsp; Earlier this year, many voices in the media were warning for the worst when it came to the price of oil as economic uncertainty loomed ahead. One analyst even predicted in May that oil would hit <a href="http://businessandmedia.org/articles/2008/20080521145247.aspx"></a>$300 a barrel.</p><p>&nbsp;</p><p><a href="http://www.mrc.org/articles/oil-recession-analyst-foresees-oil-40-barrel-or-lower" target="_blank">read more</a></p> Articles MRC Business Business 40perbarrel bloomberg commodities demanddestruction GoldmanSachs investment oilandgasprices PhillipGotthelf speculation Tue, 07 Oct 2008 20:38:11 +0000 admin 25875 at http://www.mrc.org