Will it break $100.00 this year?

By · Saturday, October 20th, 2007

The title is referring to the price of oil. At $90.00 per barrel as this is being written it would be foolish to bet against it. With the turmoil in the Middle East being added to by the Turkish government’s decision to pursue Kurdish separatists into Iraq if necessary we have seen recent jumps. Two years ago none of us would have dared hope that it would reach this level but here it is. All of us in the seismic industry should be rejoicing but there are others who are starting to feel the pinch. Of course we sympathize with them so we added a suggestion below.

gassaver

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