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Old 10-14-2005   #4
helix
Jebus loves me
 
Join Date: Dec 2004
Location: 40 Oz to Freedom
Posts: 857
Default Re: Stock Gurus.. Price of Oil ?

Quote:
Originally Posted by RyanLanane
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!)
A url I recommend
http://www.stockmarketcashmachine.com
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