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Forecast for 2008
January 9th, 2008
This is the second year for Evolution Shift to present you with a general forecast and somewhat more specific predictions for 2008. The forecast for 2007 is here for those wanting to check out the accuracy of what was predicted for last year. In addition I made some transitional 2007/2008 predictions last week, tying up the year end.
We are now leaving the Information Age and entering the Shift Age. The transition between these two ages began in 2006, gathered speed last year and will be even more fully felt in 2008 and 2009 when it will generally be …
$100 a Barrel Oil – Revisited
January 4th, 2008
The price of oil topped $100 on January 2 and again on January 3. During these past two days I have received emails and phone calls from regular readers, complimenting me on my correct prediction. As I wrote here more than two months ago, the price of oil would not only cross the $100 price barrier, but would trade in the $80-125 range for the next year.
A year ago, on the syndicated program “First Businessâ€, when oil was trading in the $50-55 range, I predicted that oil would go over $80 during 2007, which, at the time was …
Future of Energy – $100 a Barrel Oil
October 23rd, 2007
There is no question in my mind but that oil will rise to at least $100 a barrel within the next year. It is easy to see a scenario of $125 a barrel price in the same time frame. The triple digit price of oil will become the norm. Recently it has been trading in the $80-90 range, and as it approached the upper end of that range the media began again covering the story with “sky is falling†concern about what this might mean for the economy. This reminded me of the comment that James Schlesinger, the first U.S. …
The Direction is Clear
September 19th, 2007
There were three reported news stories last week that taken together point to clear trend lines. In a court ruling, the state of Vermont won the right to set auto emissions and MPG standards that are stricter than those of the Federal government. The dollar reached an all time low against the Euro and oil crossed over the $80 a barrel price barrier.
Vermont is one of twelve states where the state government is going to court to gain the right to institute lower emission standards. Most of these initiatives are patterned after a policy already signed in California. This …