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Oil at $140/Barrel: Justified or a Bubble?

seekingalpha.com » 2008 » July » 6th » Oil at $140/Barrel: Justified or a Bubble?

Tagged: vahan janjigian

Vahan Janjigian (Forbes) submits: There is tremendous debate these days about oil prices. Some say given tight supplies and strong demand, $140 per barrel is fully justified. Others say there is a bubble in the oil markets. I am in the bubble camp. I don't question that supply is tight and demand is strong. I also agree that there is much less slack than there used to be. Complete Story » Continue Reading »


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