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Strategies & Market Trends : Value Investing

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To: Wyätt Gwyön who wrote (16579)	3/11/2003 11:02:46 AM
From: Jurgis Bekepuris	Read Replies (1) of 78702

>the long term supply picture is very bleak I am no oil expert, so please don't get me wrong. However, every time oil prices went up, I heard this claim. And then the oil prices went down again, and the claim disappeared to reappear next time oil prices went up. During my brief interest in oil threads, I saw enormous variety of opinions about the available oil resources, their depletion, their cost of extraction, etc. In result, I remain unconvinced either way and keep it out of my circle of competence. It may be a wrong attitude, since predicting the grand global oil crash could make a fortune. ;-> Jurgis - just 2 cents but only worth 0.00 after investment :-)))

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