Comments on: Must Read Article On Current Oil/Gas Prices http://enlightened-american.com/2008/10/22/must-read-article-on-current-oilgas-prices One person's quest to make sense of a senseless American economy and society. Mon, 13 Feb 2012 17:26:16 +0000 hourly 1 http://wordpress.org/?v=3.0 By: Davy Bui http://enlightened-american.com/2008/10/22/must-read-article-on-current-oilgas-prices/comment-page-1#comment-2068 Davy Bui Thu, 30 Oct 2008 04:47:44 +0000 http://enlightened-american.com/?p=241#comment-2068 Hey Dax, I don't know who Peter Beutel is but you never know, anything is possible. An oil price of $37 would be really bad news for our economy in the long-term. An oil price of $20 is probably bad both short & long term -- what kind of recession would the world have to be in for oil to get to $20? Hey Dax,

I don’t know who Peter Beutel is but you never know, anything is possible. An oil price of $37 would be really bad news for our economy in the long-term. An oil price of $20 is probably bad both short & long term — what kind of recession would the world have to be in for oil to get to $20?

]]> By: Dax http://enlightened-american.com/2008/10/22/must-read-article-on-current-oilgas-prices/comment-page-1#comment-2062 Dax Thu, 30 Oct 2008 02:10:15 +0000 http://enlightened-american.com/?p=241#comment-2062 Peter Beutel of Cameron Hanover was interviewed on CNBC or Bloomberg recently. He said that in the last 30 Bear Markels for Oil, the bottom was about 25% of the top. So his price target is $37, but maybe as lower as 20. Peter Beutel of Cameron Hanover was interviewed on CNBC or Bloomberg recently. He said that in the last 30 Bear Markels for Oil, the bottom was about 25% of the top. So his price target is $37, but maybe as lower as 20.

]]>