Stocky

Fundamentals Suggest Oil's Headed Much Higher

Buy nat gas drillers and E&P companies with proven reserves. People have to start switching over. $500 bucks is a little too steep though, not to mention the massive recession we hit before we get anywhere close to that number. There is a price where people just don't buy, and all the excess capacity from a termendous amount of new drilling projects and substitutes will start to come on line. 2012-2015 range. People find a job closer to home, buy a scooter, ride a bike, etc. Believe me they will with $20 a gallon gas. I might even ghet rid of my SUV.