19.03.2009 - Kerr: Oil’s bottom line
From Hardassetsinvestor.com: This is a longer-term player; we’re not going to see oil tomorrow – hopefully – not pop back up to 95 or something like that.We had supply problems, we got political strife. We got growing demand when those regions start to fire up again like in India and China; there is real demand there, and here in the U.S. Plus, people are not doing anything right now to move into newer biofuels like Mr. Obama has talked about, and certainly investors are not putting their money into alternative fuels when crude is at 35 bucks..... Full Article: Source
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