bindlepete

Is Exxon Betting on $100 Oil?

With the target 7% inflation on the schedule to reduce the help pay off all of our debts $100/ bbl seems like a fair price when this oil begins to flow in 3-4 years.

It surely would not surprise me to see the Chinese use the deflating dollars that they hold to buy in early.

You think Bernanke will even try to reign in the inflation/degradation of the dollar -even if he could. Got a bridge I would like to selll you.

Energy Stocks Are Too Cheap to Ignore - Barron's

If Reserves are the name of the game there are a bunch of Tar Sands operations that are about to come on line. Take a look at ECA, PCZ and CNQ and for technical investments PBT.to and NXY are interesting plays.

As a diversified resource play there is TCK if you like Canadian dollars.