Charles Maxwell Interview: Why We'll See $300 Oil by 2020
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September 08 2010

Commentary by David Fuller

Charles Maxwell Interview: Why We'll See $300 Oil by 2020

My thanks to a subscriber for this sensible interview

David Fuller's view Long-term forecasting is notoriously difficult because there are so many variables. Nevertheless, based on what we know today, Charles Maxwell's views make sense to me.

I just hope that the scramble for oil during the latter portion of this decade does not lead to too much unrest and military conflict.

In the short term, it looks to me as if crude oil (NYMEX) (weekly & daily), (Brent) (weekly & daily) will move back above $80 before long.

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Charles Maxwell Interview: Why We'll See $300 Oil by 2020 Comment of the Day

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