Well, there was no mistaking your dismissive attitude in your response to my original post, which centered on the effect a multi-year price rise in gasoline would have, on Southern California. (A huge geographical area largely built-out on the premise of the automobile, after WW2.)
Subject 51347
What would have been more constructive was a well written counter-argument. Give the enclosed link a read, and see if you can come up with a solid rebuttal.
As an investor and trader in Energy since 2002, I have constantly sought out bearish cases, in opposition to my view. A person in my position actually is in dire need of an opposing point of view that is of high quality. Amazingly, there have virtually been none--in all that time--in the energy area, and in particular, global oil. All the brainpower, and the most well developed research remains on the bullish side. It's amazing how consistently vacuous, caustic, and dismissive the bearish arguments on oil have been. Lots of attitude. But no facts. No data.
Give the below a read, and tell me what you think.
Gregor
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Getting Off the Road:
Adjusting to $7 per Gallon Gas in America (see page 4)
research.cibcwm.com |
