For Your Perusal: The Glory of Free Market Oil Supply [View article]
That chart looks like declining non-Open oil production to me. T Boone Pickens has been saying for years the big oil pools are found. Sure, some more are popping up now in Brazil and elsewhere - but India and China are boosting demand. I recently drove from Colorado to North Carolina and back. Prices at the pump seemed higher than in the summer. No winter price decline yet. Oh, I only buy he highest octane gas because that is better for my car's engine. I will not economize there.
Five European Oil Stock Bargains [View article]
It's nice to have your sophisticated study back up my intuition and gut feeling.
For Your Perusal: The Glory of Free Market Oil Supply [View article]
I recently drove from Colorado to North Carolina and back. Prices at the pump seemed higher than in the summer. No winter price decline yet. Oh, I only buy he highest octane gas because that is better for my car's engine. I will not economize there.
Contango and Inventory: Clues to Oil's Trend [View article]
Peak Oil is still vindicated.