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Commodities Briefing - Categorized | Commentaries, Oil, Price Watch more

Seeds being sown for oil rally

Posted on 05 March 2009

From Hardassetsinvestor.com: If they can get oil at $60 to $70 a barrel, that’s certainly going to help retard the push toward alternative fuels, because regardless of the 911 school or the Al Gore school, if oil goes back, or gasoline goes back to $4 a gallon, if home heating oil goes back to $4, you know what?

You can put the environment to the side – Americans are going to want the cheaper energy source. That is the one balancing act that both the governments and OPEC now have to try to play off one another….. Full Article: Source


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VRS - who has written 34624 posts on Opalesque Commodities Briefing.


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