Quote:
Originally Posted by niky
You're not reading much about the oil market, then.  |
Funny, I could say the same applies to you.
Quote:
solarguy
I think there is also some international politics and economic sabotage going on.
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Only some...???
I think there is a lot, a lot more...
Quote:
MetroMPG
Boom & bust, baby.
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That's the cycle. It will take out the small guys and the Johnny-come-lately.
As the smaller and insolvent oil drilling companies go bust, the larger oil companies will more than likely acquire their assets for pennies on the dollar. In many cases that will probably include the drilling and mineral rights for those deposits. This will further consolidate their control of the supply and output.
Quote:
Frank Lee
Well it IS awash in EXTRACTED oil for the next several MONTHS.
After that I'm betting against you. 
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Extracted or not, the oil is still there.
What kinda odds are you giving...???
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