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Predictions - Oil will go to $200 a barrel by 2009
| Submitted By: | scitops |
| Author: | Peter Schiff |
| Status: | Never happened |
| Source: | Link |
| Predicted: | September 2008 |
| Happens: | Sometime in 2009 |
Details
Oil prices had a pretty big run and might not make more headway by the end of the year. But we could see $150 to $200 next year.
Explanation
It didn't happen, it got up to $62.[ Source: http://www.forbes.com/2008/05/13/oil-prices-1861-today-real-vs-nominal_flash2.html ]