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

To: JimisJim who wrote (143150)	12/31/2010 3:55:22 PM
From: Bearcatbob	Read Replies (1) \| Respond to of 206146

"Do you really believe there is no limit to how much oil the world can produce on a daily basis regardless of price?" Jim - I do not think I ever said that. What I do believe is that markets allowed to work will clear. I have no idea what the theoretical max production is - but I doubt if it is much higher due to the lag time to put in place the needed investment to access the more difficult supplies. As for thinking about it in more detail - that will have to wait - our family has had a number of mechanical and electronic issues this afternoon all at one time - and guess who has to fix them all? Oh well - everyone will be here in a bit for New Years. We were going out - my wife and I alone as no one was interested a week ago when I brought it up. Then the whole family decided they wanted to go - well to late Charlie. So to keep peace - my wife is cooking. Crazy! Happy New Year to all. Bob