Oil Set to Drop by $80.00!
Reported by Melanie - March 10, 2008
Last Friday (March 7, 2008), one of the guests on Fox's "premiere business news" show, Your World w/Neil Cavuto, was Kevin Kerr of Kerr Trading International. Echoing Fox's the-liberal-media-only-reports-the-bad-news theme, Kerr proclaimed that oil is "set to drop $80.00 by mid-May."
Cool, huh? $25.00 for a barrel of oil come May!
I made a note in my calendar. I'll be back with an update. Meanwhile, don't worry. Be happy.
My comment and prediction? Oil will never, ever, in the history of the planet, fall to $25.00 a barrel again.
UPDATE: 9:20 p.m. ET - This post is closed to comments.