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Politics : Politics of Energy

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To: Eric who wrote (8212)5/12/2009 7:12:50 PM
From: Bearcatbob  Read Replies (1) of 86355
 
"IMHO I think we will be at $200+ per bbl in less than three years."

Eric, that will only happen if the dollar is totally trashed. This country cannot afford $200 per bbl and prosper sufficiently to generate that kind of demand.

It may be possible that the dollar will be so trashed. It is on its way.

Gold is rallying nicely. However, TBT has fallen back. The picture is still mixed.

Bob
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