Adrienne Gonzalez

Your Oil Stocks Aren't Coming Back

Well I guess this means we're just going to have to learn to live without. Just like our over-priced homes and three car garages. As previous commenters have pointed out: it is absolutely ludicrous to compare the tech bust of 99-00 with a commodity, first of all, and secondly, oil has most certainly reached peak production.

Even if by some act of God a new oil vein is tapped and the stuff starts flowing like water, it won't do much good for a recovery when you have however many hundreds of thousands (or millions - who knows, the car makers are certainly being obtuse when it comes to inventory unless requesting a piece of the FAILout pie) unsold new cars lying on race tracks collecting dust and depreciating by the minute.

Deal. Oil is done. Next.