Warren Buffet is bullish on oil stocks, page-6

Lets face it oil only has $28 to go before its worthless whereas it has infinity to go up. Its a finite resource and yet the world is treating it as tho it is limitless. US reporting season on now and the US banks are getting hammered from their loans to exposed shale producers. Funny the banks only have a few billion each exposure you can only imagine what OPEC countries are going through.SA alone has lost over $1 trillion and are the biggest and most powerful and yet the smaller countries must be getting murdered if SA are. Iran start exporting,who cares, their oil is just sitting offshore in tankers and when its time to sell the cargo no one will want it and all they are going to get is sub $30 a barrel. Now it would of cost them a lot more not only to get the stuff to surface but holding cost alone would be above $30 a barrel. Something is going to give and its going to be sooner rather than later!!!!