Comments on: Oil Prices Forecast $200 http://www.chasingprofits.com/and-oil-price-predicted-to-hit-200-a-barrel Investment Talk Simply Put. Chasing Profits offers some free investment suggestions. We cover Oil, Gold, Commodities, Shares & Strategies. Sat, 14 Aug 2010 14:49:11 +0000 hourly 1 http://wordpress.org/?v=3.0.1 By: The Trade Detective http://www.chasingprofits.com/and-oil-price-predicted-to-hit-200-a-barrel/comment-page-1#comment-399 The Trade Detective Thu, 13 Aug 2009 19:08:48 +0000 http://www.chasingprofits.com/?p=374#comment-399 I completely agree with higher oil prices, but not because of lack of supply. There is no lack of supply, only lack of exploration equipment, which all of the major players could afford to invest in. No, the reason for $200 oil is not a matter of supply, but will be the result of the huge inflationary pressure we'll see in the US, and of course, speculative trading of commodities by every dick, tom, and harry. -The Trade Detective I completely agree with higher oil prices, but not because of lack of supply. There is no lack of supply, only lack of exploration equipment, which all of the major players could afford to invest in.

No, the reason for $200 oil is not a matter of supply, but will be the result of the huge inflationary pressure we’ll see in the US, and of course, speculative trading of commodities by every dick, tom, and harry.

-The Trade Detective

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