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Old 05-06-2008, 08:07 PM   #31 (permalink)
CarlBildt
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Join Date: Jan 2008
Location: Switzerland
Posts: 356
Status: CarlBildt is offline
Oil will contionue up for a long time... 120 dollars a barrell is cheap.
Go to any supermarket and you will have bottled water more expensive than gas. Demand is increasing, supply diminishing. The big oil fields are running dry and there's not that many new ones that are big.
Expect 200 dollars a barrell in one year.
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