Oil: Long-Term Bull Still Intact; Short-Term Weakness Should Persist [View article]
Do people really believe we won't use up more of the world's oil ? I don't think so. We'll just use it up at a smaller rate than today. I can't see the world giving up all those engines that need and use oil everyday. Don't forget winter is almost upon us in the northern hemisphere and all those people riding bikes trying to save gas will have to go back to driving there cars for at least the next 5-6 months. I'm still bullish on oil.
Oil: Long-Term Bull Still Intact; Short-Term Weakness Should Persist [View article]