Oil Is Back At $100 Per Barrel

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—–Writes Moon of Alabama:Over the last few hours the FT top headline has changed from announcing $95 oil, to $98, to now $100.Given that Ansarallah in Yemen is as serious as Iran, and that the U.S. is preparing to escalate, there is no doubt that the price will increase further.Nine days ago I had explained why this was going to happen. The post Oil Is Back At $100 Per Barrel appeared first on LewRockwell.