Oil could hit $150, sending ‘shock through system’
Doug Lawler, the CEO of Continental Resources, a major player in shale drilling under the control of billionaire Harold Hamm, conveyed to Bloomberg News on Monday that crude oil prices are poised to remain elevated and could potentially surge to the $120 to $150 per barrel range if new production doesn’t come into play. He cautioned that further price pressure is imminent unless policies are … Continue reading Oil could hit $150, sending ‘shock through system’
