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I called it in December 2007 - Oil hit $140 by mid-year

On December 21, 2007 the price of oil was in the $90 range. As we recorded “Outlook 2008” on that day I predicted a price of $140-150 by mid-year. And, yesterday on June 26, 2008 I was proven right, as oil climbed above $140 for the first time.
Looking ahead, let’s put to rest [...]

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