Slugcatcher sniffs the winds of change in the Middle East and New York

LADIES and gentlemen, place your bets on the oil price hitting $US250 a barrel by the end of 2011 – and if you think a price that high means Slugcatcher has gone bonkers, think again because that is the price some investors see as a good bet.

New York is the place to discover the extreme optimism for oil, or extreme pessimism for the global economy when you consider the underlying reason for the $US250/bbl price attracting the eye of


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