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Feature: Why $50 per Barrel Oil is Not Out of the Question


NEW YORK, NY - Aug. 22 (SEND2PRESS NEWSWIRE) -- The signs are there, no matter where you look. In fact, the signs have been there for six months as the rally in oil prices that is three years in the making, is running out of steam, says Oilintel.com.

The logic that fuels the "fear" premium may not be enough to overwhelm the weakening fundamentals that are prevalent now....

Read the rest of this feature at Oilintel.com, the fastest growing website in the energy industry. Just click the link below to go directly to the story.

oilintel.com/newshome.cfm?news_id=533&action=showstory

About Oilintel.com

Oilintel.com provides free energy news, market intelligence and spot market prices. The site is owned and operated by a privately held New Jersey company, Oil Intelligence Link, Inc. which also has offices in Houston, Texas, and Sidney, Iowa.

Oil Intelligence Link, Inc. is also the publisher of The Ethanol Monitor, a highly regarded weekly market-based newsletter on the ethanol industry.

President and CEO Tom Waterman has been in the energy field for 23 years and was the founder and publisher of Btu, one of the leading natural gas and electricity wire services and newsletter publishing companies in the industry.

For more information, contact: Rainey Thynne, 732-222-5578, or visit www.oilintel.com.

Copyright © 2006 Send2Press® Newswire

Tags: Oil, Gas and Energy, Business, new york
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