Alan in Honolulu

Barron's Banks on $100 Oil

Oops! I meant 200k, not 700k. My eyes are getting worse with age. :-)

Barron's Banks on $100 Oil

I think I'll continue to stay long my dividend fruitful Canadian Oil and Gas Royalty Trust units. I don't see the Saudi pronouncement of an additional 700,000 barrels added to supply, nor the attempt by the average Americans to reduce oil consumption as being enough to "talk oil down". We didn't get into oil addiction overnight, we won't get out of it overnight. America "needs to go to a meeting".

I'm also long geothermal as a long term solution to base load power demand and a renewable "green" alternative.