hoover

Your Oil Stocks Aren't Coming Back

Excellent article. Oil, like everything else, goes through cycles of excess. Also, I might add that while alternate energy may not be considered a significant threat to oil, it IS an UNKNOWN threat to oil's total domination. Even Saudi Arabia is concerned about alternative energy. I beleive the unknown element of alternate energy and the potential scientific breakthroughs (such a battery technology) may dampen speculator's appetite for oil in the future.