Is Crude Oil Going to $262 a Barrel ?

Newsmax reports:

According to Fortune magazine's Nelson Schwartz, two of the world's most successful investors say oil will be in short supply in the coming months.

One of them, Hermitage Capital's Bill Browder, has outlined six scenarios that could take oil up to a downright terrifying $262 a barrel.

There will probably be substitutes before crude oil hits $200 a barrel.