The real reason to worry about oil

Robert Huebscher | Advisor Perspectives | 16 May 2012

 

Few question the prevailing wisdom that tensions with Iran have caused the oil prices to rise in recent months. But another possibility exists – and it's a much greater long-term threat to economic growth.

Oil prices last spiked, in 2008, because supply and demand were tightly balanced and those conditions may have returned, according to Jim Hansen, an independent financial consultant with Ravenna Capital Management. His practice focuses on investing in the energy sect...

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