About a year ago, July 15, 2009, the energy expert Philip Verleger, 64, a professor at the University of Calgary and head of consultant PK Verleger LLC, predicted oil would plummet to $20 by the end of 2009 due to the huge glut of oil sitting offshore in oil tankers.
Just saying.
In September, 2005, oil was at $65/bbl. Steve Forbes said $64-oil was a bubble and we would see oil go back under $50.
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