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Old 01-06-2009, 12:43 PM
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I need more oil!

Don't get used to cheap oil, analysts say: Financial News - Yahoo! Finance

I am stocking up now but I need more!!!

I have been saying this for some time now. the market will only bare so much and the oil tards are the ones that will find that breaking point and drop it a few cents. you will never get a "deal" from those money hungry jerks..
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Old 01-06-2009, 01:55 PM
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Yup, we won't have to wait long. Maybe even just a few months before it goes back up. I am doing the same as you and stocking up on WVO.
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Old 01-06-2009, 02:07 PM
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Why does anyone put creedance in a speculative article such as the one posted.

C'mon. Its all common sense what is said there.....and partly true, but saying "AHH its going to be 200/bbl!" Its nothing more than sensationalism..

If you ask me, the last 3 paragraphs are particularly useless. Yea..the consumer watchdog group has enough sense to understand how a business should be ring. Eh, WRONG.

Lets do some math..If the oil costs 50 bucks a barrel to extract, why would it make sense to do that kind of drilling when oil is selling for $40/bbl. Nothing we can do will change some of that stuff......even if we did spend trillions....and then, figure out the time to recoup that investment.. Oil is a business....just like making donuts, just like being an electrician. Oil is not a gov't entity with seemingly limitless pockets an 'nobody' to answer to.

To put it in terms more commonplace to some- If bio costs you 2.15 to make (in just supplies..)...but you can buy good ol #2 for 1.95...which do you pick?
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