Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
  1. The $100/bl will be breached in November 2006, due to Wall Street chrash right after the midterm elections. Yeah, Karl Rove will keep economy "booming" until then, but not further. The election results: repubs barely keep the majorities in both houses, but the moral of both repubs and dems will be low (whatever way you look). The need to contain the Bush administration will be obvious, but the Congress will look more dysfunctional than the German parlament of this year.
  2. and 2. End of the year: $123/bl. There is no way back after the crash.
  3. Peak at the end of the year: $32/mbtu. Everyone is crazy or depressed.
by das monde on Wed Dec 28th, 2005 at 09:04:28 PM EST

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