Another Vote For $100 Oil

Posted: January 11, 2008 at 2:58 pm

Matt Simmons, founder of Houston-based Simmons and Co International believes that oil will be above $100 for some time to come.

"Demand is far more durable than anyone ever thought," Simmons told Reuters in an interview. "We’re on an insatiable growth curve."

Douglas A. McIntyre

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