ALERT – Price of Oil can hit $100 soon by a technical perspective

Over this weekend when I was looking around the web for cool stuff, one post caught of my attention due to the gravity of situation for our economy. I just read on AC Investor Blog, that crude Oil could reach $100 per barrel in the next weeks or days. Here is a short introduction of the article. “Why are oil quotes so hot again? Some guys say OPEP is making all efforts to maintain prices above $80, others saying that US slowdown will not affect directly demand of Oil and just few of them anticipating a possible war in the Middle East (unlikely I’m sure but there is always a possibility), and do you know which is my point of view in all of this scenario, speculation……. to pump this commodity to high levels “. If you are interested in read all article, I would like to invite to check this link http://ac-investor.blogspot.com/2008/02/crude-oil-at-100-barrel-will-be-soon.html . I’m really perplexity for a new high on fuel.

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