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Cheap Crude: A Flash in the (Oil) Pan

Bakken Shield & Oil Sands are the future for North American Oil and Natural Gas until alt. fuels come into play.

In China 2 stocks that are into Natural gas refueling stations for Autos is SNEN and CHNG

Still an Oil Bull, Lame or Not

Demand destruction is not happening -switchover to smaller more fuel effective and smaller cars & trucks shouldn't be termed demand destruction. I don't see less driving or cars on the road. Eighty-five million barrels a day worldwide isn't going to drop to Sixty-Five million barrels any day soon. Especially in places that have billions of people that desire to own the freedom that an auto allows and that have the wherewithall to purchase.

This isn't early1980s when the Alaskan pipeline came online, and the North sea oilfield, plus the giant Mexico oilfield,Cantrell, began production.

This time,unless technology intervenes, we are going to set a new price floor for oil because its damn difficult to process Oilsand, Bakken Shield and Barnett Shale.