Where will it go? No one really knows, but Goldman Sachs predicts that oil will continue to rise in the long run. My only hope is that Obama's ambitious green energy plans and increased efficiency ensure that we stay out of a recession (for some time) with any price of oil.
Biden takes a wrong step
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I was sorry to see President Biden threaten steel tariffs on antidumping
grounds. For my views on this topic, see this old piece I wrote with Phill
Swage...
4 weeks ago
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