Todd Peterson

Crude Reality: How Long Can Oil Stay Down?

Interesting Article. But I agree with the other posters that it is missing the fundamental understanding of long-term trends in oil supply, and the fact that currend oil demand destruction is temporary and an anomaly in the overall oil situation

More DXO for me.

Still Considering Oil

Thank goodness for the clever folks that "know" that oil will stay low, and that oil-price increases are years away. They are the ones that allow for opportunities by those that invest based on fundamentals. I am buying DXO now.

All you have to do is look at the previous demand and supply figures and you can see that it is headed back up. The only reason it is down now is because we're in a depression or recession. Once it is over, we will once again see that supply does not have a chance of keeping up with demand. It is really very simple. Todd Sullivan is right on target to recommend DXO.

The only thing I'm worried about is that disruptive technology advances will put the oil men out of business for good. And if that happens, as a good American patriot, I'll celebrate it and eat my losses in oil.

Still Considering Oil

Thank goodness for the clever folks that "know" that oil will stay low, and that oil-price increases are years away. They are the ones that allow for opportunities by those that invest based on fundamentals. I am buying DXO now.

All you have to do is look at the previous demand and supply figures and you can see that it is headed back up. The only reason it is down now is because we're in a depression or recession. Once it is over, we will once again see that supply does not have a chance of keeping up with demand. It is really very simple. Todd Sullivan is right on target to recommend DXO.

The only thing I'm worried about is that disruptive technology advances will put the oil men out of business for good. And if that happens, as a good American patriot, I'll celebrate it and eat my losses in oil.