Oil headed for 70 bucks s barrel. Here we go.

GDS-3950BH wrote:
you'll not see the end of oil and gas nor will your grandchildren.

Nobody's predicting the *end*, just a whole lot less reliance.

Yosemite Sam1 wrote:


You might have missed the nuances of the topic.

Short-term oil and gas prices will spike due to the Iran-Iraq vs US conflict.

Long-term, global demand weak, oil and gas is a dying industry.

Alternative energy is the future. And no, the sky is not falling but indeed very bright and hopeful.

No sir, did not miss anything, but I was paying attention and not on the bus to Fantasyland with you. :E

Alternative Energy is in the future, actually in the present, but you'll not see the end of oil and gas nor will your grandchildren.

GDS-3950BH wrote:

Yosemite Sam1 wrote:

Cummins12V98 wrote:
Since the US is oil independent ain't going to happen.

Except it already happened -- last night.:E

Yep, the sky is falling, what will we do? what will we do?

You might have missed the nuances of the topic.

Short-term oil and gas prices will spike due to the Iran-Iraq vs US conflict.

Long-term, global demand weak, oil and gas is a dying industry.

Alternative energy is the future. And no, the sky is not falling but indeed very bright and hopeful.

Yosemite Sam1 wrote:

Cummins12V98 wrote:
Since the US is oil independent ain't going to happen.

Except it already happened -- last night.:E

Yep, the sky is falling, what will we do? what will we do?

Cummins12V98 wrote:
Since the US is oil independent ain't going to happen.

Except it already happened -- last night.:E

Cummins12V98 wrote:
Since the US is oil independent ain't going to happen.

:)

Since the US is oil independent ain't going to happen.

Don't hear any stockholders complaining about oil company profits.

World is awash in oil. I could see price lower in 90 days.

Well since it’s been fluctuating by 50 cents for the last couple of weeks I would say it already has. Just another game they like to play.