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Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?


To: koan who wrote (117298)6/5/2008 11:33:35 PM
From: Proud Deplorable  Read Replies (4) | Respond to of 313059
 
Gasoline is extremely cheap here in N America. The UK pays 4.00 a liter not 1.30 as we do. I for one hope oil goes to 300.00 as this would force people to go back to the horse and buggy and thereby become real people again.

This costs as much as 2.00 in some places in Canada



It is not reasonable for water to cost 3 times as much as petrol as hardly any work goes into bottling water.



To: koan who wrote (117298)6/6/2008 1:20:53 AM
From: Canuck Dave  Read Replies (2) | Respond to of 313059
 
Lots of press on what's going on. Lots of open interest in oil futures going way out, too.

Some people are saying the end of cheap oil is at hand and the squeeze is on. They could be right.

CD