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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?

To: Cogito Ergo Sum who wrote (41998)	4/15/2005 8:53:38 PM
From: Bearcatbob	Read Replies (2) \| Respond to of 206325

SC - it is my firm belief that oil will stabilize in the 40 - 45 $ area. I find it not credible to move from a $30+ oil equilibrium to a $55 equilibrium. As an investor in Oil and Gas - $45 oil would be wonderful - once it is accepted as a stable price. For now the biggest threat is the price itself. The economy can not long tolerate this price level. I know that I and I suspect most on this board have not changed our life styles a bit. However, we know people who count every dollar - and they must be hurting. Bob