Global Financial Crisis Makes Oil a Great Hedge [View article]
J.D. Power just said that the auto market will COLLAPSE in 2009.. Oil is headed back to where it was or BELOW that price before the big speculative upward scam it made from last year. What was its price in 2007 PEOPLE, remember..??? Why has the world changed from 2007, it hasn't, its gotten worse for oil, SOOOOOOOO..!!!! Oil prices are headed to $65 or lower, either by year end or early next year.. If the economy tanks further we might see $45.. Peak oil or not, you WON'T see $145 for a long time to come.. OPEC can't control input, only output, and REMEMBER, OPEC members always cheat on their production goals, ALWAYS..LOL..!!!!
If the economy doesn't rebound for another 10 years, what then..??? Iceland is almost declaring backruptcy today, whats next..?? He's right about China, they are NOT importing ANY gasoline anymore, doesn't that make any of you dummies think a little..LOL!!! Oils toast for the forseeable future, maybe in 3-4 years..
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J.D. Power just said that the auto market will COLLAPSE in 2009.. Oil is headed back to where it was or BELOW that price before the big speculative upward scam it made from last year. What was its price in 2007 PEOPLE, remember..??? Why has the world changed from 2007, it hasn't, its gotten worse for oil, SOOOOOOOO..!!!! Oil prices are headed to $65 or lower, either by year end or early next year.. If the economy tanks further we might see $45.. Peak oil or not, you WON'T see $145 for a long time to come.. OPEC can't control input, only output, and REMEMBER, OPEC members always cheat on their production goals, ALWAYS..LOL..!!!!
Oct 09 12:22 pm
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All Comments by scammy »Global Financial Crisis Makes Oil a Great Hedge [View article]
If the economy doesn't rebound for another 10 years, what then..??? Iceland is almost declaring backruptcy today, whats next..?? He's right about China, they are NOT importing ANY gasoline anymore, doesn't that make any of you dummies think a little..LOL!!! Oils toast for the forseeable future, maybe in 3-4 years..