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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: Maurice Winn who wrote (5262)4/4/2006 3:54:13 AM
From: Seeker of Truth  Read Replies (1) | Respond to of 218654
 
"Too many alternatives can undercut current (oil) prices." The problem is that all of those alternatives are a few years away,
not current. The exception is ethanol inside of Brazil.
Furthermore the costs look close to or slightly exceeding oil at $60 a barrel. And we'll only know for sure when large volumes of the oil substitute are produced.
Anyway, given Bush's determination to fight his three axis foes, none of which were responsible for 9/11, we who invest in oil will have a large nominal gain because UD, US dollar down, is assured, the only certainty around.



To: Maurice Winn who wrote (5262)4/4/2006 9:16:22 AM
From: Moominoid  Read Replies (1) | Respond to of 218654
 
Long-term they may fall (at least in real terms). Pressure seems to be still up in the short-run.


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