Chavez predicts oil could reach $200 a barrel

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*jr
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Chavez predicts oil could reach $200 a barrel

Post by *jr »

Source: AP

CARACAS, Venezuela - Venezuelan President Hugo Chavez says he expects oil prices to keep climbing and predicts they could reach $200 a barrel.

It isn't the first time the Venezuelan leader has mentioned that benchmark-- though he hasn't said when it might be reached.

Chavez reiterated the prediction after the price of light, sweet crude continued to rise on the New York Mercantile Exchange and settled at $136.38 a barrel Wednesday.

http://www.sun-sentinel.com/news/local/ ... 0846.story
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The-Screw
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Re: Chavez predicts oil could reach $200 a barrel

Post by The-Screw »

you don't need Chavez to figure that out. use common sense,the price of oil has been on the rise dramatically since start of this war.
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