Peak Oil - Not If but When Message Board

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Gold/Mining/Energy : Peak Oil - Not If but When

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To: Drygulch Dan who wrote (67)	12/28/2010 2:26:55 PM
From: Drygulch Dan	of 129

I note that several of the oil stocks, BP included bottomed out last summer during the time that the BP gulf oil spill was hemorrhaging away. It would have been a great time to bulk up on big oil. Now, six months later with oil heading towards $100 a barrel these stocks have risen like tech stocks in the 1990s. $147 a barrel is not an unreasonable upside, given the fears of Peak Oil, general inflation, world demand growth and the severe cold of this winter season.

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