Stock Gurus.. Price of Oil ?
I'm looking for somewhere to read up and stay current on the oil price trends.
If I ever do have the money again I would invest in it as it will see a steady uptrend once things stabilize obviously with refiniries operaitng at 95-96% capacity and the demand for oil growing more rapidly then we oculd possibly convert to Hybrid cars to level things out..
I think there will be a correction eventually dringing us back to $2.30 a gallon or so, I don't think we'll ever see sub $2.00 gasoline again.. unless it's brief, the dmand for oil when it gets that low from investors will drive up the price as a solid long term investment... Interesting reading about it...
If anyone has some good urls please post.. already did a quick read at motleyfool.com
Of course gas was $2.55 at the pump today after I filled up for $2.80 a couple days ago... Damn the man (wait you guys are all the man, even the women around here!)
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