Two leading financiers have just predicted massive oil shortages which could drive prices up from their current levels in the high 60s to as much as $262 per barrel. Bill Browder outlines six scenarios which could result in this price. George Soros declines to name a price but sees shortages as well.
Read the Fortune aricle at Ready for $262/barrel Oil?
In related news, guerrilla groups have now made oil refineries and supply lines a prime target. This will only exacerbate the problems.
This will be the year the SHTF.