bindlepete

Oil Will Continue to Trend Higher

The world will recover, in an economic sense before the US does as we are headed towards a lower plateau. None the less with the collapse of the dollar as a base currency - no debt resolution for years - oil will continue to rise in cost.

Canada will start to shift it's exports and the oil sands are one of the better bets that I can see. I own a lot of them and of my favorites is PetroBank as a very low cost producer and big player in the Bakken as well.