This Massive "Crunch" Means Higher Oil Prices
February 24, 2015 at 17:20 PM EST
Oil prices are inching forward again and there's an inevitable consequence building that will help them climb even higher. It's called the "reserve crunch" In fact, just 300 million barrels of new reserves have been replaced... out of 1.2 billion . Hence the word "crunch." The post This Massive "Crunch" Means Higher Oil Prices appeared first on Money Morning - We Make Investing Profitable .