The Bottom Line
CIBC chief economist Jeff Rubin predicted that oil will regularly sell for above $100 a barrel as early as next year . . .
CIBC chief economist Jeff Rubin predicted that oil will regularly sell for above $100 a barrel as early as next year, as increasing demand from developing nations continues to outstrip declining supplies. “The bottom line is we’re in the bottom of the ninth inning of the hydrocarbon age,” he said. (MarketWatch)
A free daily email with the biggest news stories of the day – and the best features from TheWeek.com
Subscribe to The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.

Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.