User 271157

Offshore Drilling Ban Lifted: Oil Stocks to Fall?

ah, nothing like high oil prices to create high prices at the pump that create a higher cost of living which all induce a lower standard of living.

high oil prices will result in profits in the energy sector with an increase of profit losses in companies that use oil ie EVERY company.

i am an oil investor. but i also invest in other sectors.

everyone keeps screaming for alternative energy but when gov arnie wants to put a solar electric project in the desert: the hippies stop the whole thing because it 'may' endanger the habitat of a ground squirrel that lives there. so, please, dont give me the 'alternative' energy speech. all i know is that people are hypocrites and are crazy!