silver to hit new highs ..., page-6

Peak oil?

The name is misleading, peak oil is a process, a transition that will occur over years, IMO we have passed peak oil for lighter sweet crude blends that are the easiest to refine.
There is plenty of oil around that is of lower quality grade.

The world is "adjusting" to a higher baseline oil price, in part due to devaluation of currencies reflected in a higher oil price, and in part due to a higher cost of extraction per barrel.

OPEC mafia keep upside pressure on oil.

I continue to look to open long positions in crude based energy once a reasonable market correction hits, which has not happened since late 2011.