CVN 0.00% 19.5¢ carnarvon energy limited

Your point is noted; but you seem very cranky today. Have you...

  1. 8,149 Posts.
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    Your point is noted; but you seem very cranky today. Have you lost money elsewhere?
    My feeling on the oil price is that it will not be at the present level for long whatever Obama and the Saudi deal is.
    It will fracture the relationship with OPEC countries and the price I suspect will sky rocket.
    Might as well say oil is an infinite resource or we don't need it in 10 years.
    Growing wealthy classes in China and India will see oil consumption increase dramatically.
    They will want a car as we have had all our lives and take it for granted, next to oxygen.
    Time will tell.
    Good luck with your investing.
 
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