Tuesday, May 3, 2011

Energy guru Schork: Get ready for all-time high gas prices, oil pegged to the dollar...

Stephen Schork, president of the Schork Group, explains why he believes oil and gas prices should continue to surge higher. He explains that he is bearish from a fundamental perspective, but that the dollar could continue to decline as the US government remains very accommodative. He says it will ultimately be “as bad or worse” than 2008.

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