No Need to worry about Oil !!!

[MDimitri]

I agree wholehartedly with KenP's statement:

"I wish to thank all the enviromentalists and liberals out there who have supported no new drilling fields and no new refineries in the US for around the last 30 years. Because of you and your ill-informed supporters in Congress, we now have these wonderful oil prices to thank you for."

But you need to follwow this site: Oil Price.Net

Very interesting articles on that site. The largest increase overall has been to Diesel fuel, not so much to Gasoline, Diesel by far is used far more than gasoline. I have investements in Oil and Gas (What idot would'nt?), but I see a closure and a stabalization occurring very soon, I can explain but it would take far too much room to type it all out.

I would personnally like to cut the heads off the Options and Future trading brokers for the fear mongering they are creating in the markets these days. Wayy to much BS info flying around out there and this is causing a ripple effect in other commodity markets. Take the time and get informed, too many of us are being misled and lied to by our corrupt politicians...only problem with them is that they are too quick to jump on that "Environment" bandwagon they don't take the time to investigate what the real underlying causes may be. They all lie to get the better hand over one another, God forbid they actually tell the truth!

[wpage]

Better to invest time & energy in alternate energy systems. The oil companys hope we will do the same thing done in the late 70's. They hope to stick it to you again. Only if you let them...
By hoping government or someone else will solve the oil mess for us!

[KenP]

There's some great info on that site, thanks. Too bad we can't get to drilling more offshore. We could, but that was blocked....

[3Hummer]

the dollar just needs to catch back up our whole economy is not the greatest, but someone needs to step in and take a stand on these oil prices, whats up with the companies making 20 billion a year its rediculous