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USAI - Crude Oil Could Rally By 50% In The Next Year
American Energy Independence
It was a good day for oil bulls with the commodity finally catching some upside after a few months of weakened prices. As seen in the following chart of this week's trading action, most of the gains seen in crude occurred on Friday and appear to have been in conjunction with an overall rally in the equity markets.
It is my belief that crude oil is going to trade higher over the next few months…a lot higher. As you will see in the following analysis, I believe that there is a strong possibility that crude