Tim H.

OPEC: Too Little, Too Late

I agree with poster. Oil was a Bubble play just like tech in 90's, real estate afterwards and commodities especially oil were next bubble. I agree oil going forward is becoming scarcer and harder to find. Not to mention more expensive to find. BUT the consumer won't forget what happened last couple years with the outrageous futures traders play on oil. Plus you have a new Presidential administration who see's "green tech" as a way to get this country's economy back out of a recession and create jobs. In fact I believe the next market bubble will be green tech. With energy efficiency which creates more money in consumers pockets and less dependence on foreign oil which funds terrorists. Oil prices will stabilize but I am not seeing another boon anytime soon. I put my money where my mouth is in that have investments in wind & solar.