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Gold/Mining/Energy : Canadian Oil & Gas Companies
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To: Cal Gary who wrote (7758)10/30/2000 11:14:08 AM
From: Braincramp  Read Replies (1) of 24921
 
T think over all the investment community is ignoring the big picture. Consumption and reserves, one increasing while the other is decreasing. From a long term perspective oil has know where to go but up. What people don't seem to understand is that oil does a lot more than power their car.
Lets face facts this is a non renewable resource and how much do we consume, 73,000.000 bbls a day. Unless I see the consumption numbers decrease, long term oil will be a good in investment.
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