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Gold/Mining/Energy : Big Dog's Boom Boom Room

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To: elmatador who wrote (148454)	3/29/2011 3:49:50 PM
From: Jacob Snyder	10 Recommendations Read Replies (3) of 206326

<Oil Will Be Gone in 50 Years> Oil at $20 or $40 is gone. Oil at $60 is probably gone forever, unless we get another global recession. And even then, prices that low will be temporary. Oil at $100-115 is abundantly available today. Oil will be abundant 10 years from now.....for $150/b....or higher... Oil will be abundant in 50 years....made from algae or cellulose or some technology unknown today...and the price could be $10/b, or $100. Saying "oil will be gone" is a statement without content, unless price is specified.

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