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Strategies & Market Trends : Bill Wexler's Profits of DOOM -- Ignore unavailable to you. Want to Upgrade?

To: xcr600 who wrote (3904)	12/1/1998 11:40:00 PM
From: Peter V	Read Replies (2) \| Respond to of 4634

<<beer is now cheaper than oil, but it won't be this way forever>> Don't you mean oil is cheaper than beer? In fact, a 5-gallon bottle of water, delivered, is around $5, or $1 per gallon, or $42 per barrel. Bottled water is much more expensive than oil even at $20 per barrel, the good old days . . . And a 15.5 gallon keg of beer is at least $50, or about $150 per barrel, and I don't see oil hitting that price anytime soon (or maybe even in our lifetime). A lot of people have gone broke trying to guess the bottom of the oil market since the beginning of the year, good luck.