Drumbeat: October 23, 2009

Rubin: $100/barrel oil will return by Memorial Day Oil prices will reach $100/barrel by the end of this winter, and we'll see a return to $1.40/litre ($4/gallon in the US) gasoline prices by Memorial Day, says Jeff Rubin, formerly chief economist with CIBC World Markets and author of Why Your World is About to get a Whole Lot Smaller . Rubin, who will be speaking to the Halifax Chamber of Commerce November 4, also casts doubt on the logic behind the Atlantic Gateway concept. In his book