Why Oil Could Go To $200 A Barrel

Oil is going up and as I wrote recently $300 is the likely destination in two to three, perhaps at the latest five years’ time. You don’t have to factor in war in the Middle East for that or consider the rundown of the U.S. strategy reserve either. Simply adjusting for inflation will get it above $200 a barrel and any commodity-style spike will do the rest.

It’s all about inflation, and there has been a lot and there will be more.