The Politics of Higher Oil Prices

May 28, 2007 - On January 23rd, at the Underground Investor, I wrote this:

Steve Forbes, publisher of the noted Forbes wealth magazine, went on record at the Las Vegas Gold Show that oil prices would reach $35 a barrel in 2006. That certainly was a contrarian viewpoint at the time, and obviously, it never happened. Although I saw no less than 5 headlines…