redbaron

Do Oil and the Market Still Have a Lot of Downside?

Jim, I was almost there with you this morning, but after discussing with a few other energy investors, decided to hang in there awhile longer. What a difference a day makes. But with this sort of volatility, who knows where this whole thing is going tomorrow or the rest of the week. I really do believe in the concept that the world is depleting our energy resources faster than we are finding new reserves, but the last few weeks have made it tough to keep the faith.