I agree than supply is tightening and with proven cuts there will be little margin of error-if demand does not decline in 2009, $75 oil is soon. which brings on decent oil sands in my home. If demand falls, then $60 oil which makes most money, and maybe a further OPEC cut. But $100 oil and eventually 200 is on the way in any case, 3-5 years.
The Impending Mother of All Oil Shocks [View article]
Oil ETFs: Cramer Discovers Contango, But Forgets History [View article]
Got Gas? There's Less Now [View article]
Canada's Gas - Oil Price Connection [View article]
Crude Reality: How Long Can Oil Stay Down? [View article]
2009 Oil Estimates [View article]