I have to disagree with you Whisky. Oil will simply get more and more costly, both producing it and at the pump. I believe it will always be a good investment.
I also have read up on the subject where oil cant be pumped out of the ground at suficient speed. Not sure if I think thats a problem either. There are so many ways today to make anything appear the way you want it to appear. The right numbers, the right experts, enough money and voila!
I could of course be wrong but I dont trust experts anymore so my view is oil will be with us for a very long time to come. Now dont get me started on global warming!! lol
Rickaroonie
GGP Price at posting:
1.4¢ Sentiment: LT Buy Disclosure: Held