Stephen Leeb Says the Price of Oil Will be Explosive When the Economy Comes Back

By on October 25, 2008

Stephen Leeb predicts that oil will exceed the old highs when the economy comes back. With the current lower prices, oil companies will curb exploration, creating a “boomerang” according to Leeb.

Source:

http://marketplace.publicradio.org/display/web/2008/10/24/oil

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Markers: Dow 8,378, Oil $64.15
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