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  • Marc Faber, Jim Rogers and Boone Pickens - Bullish on Oil [View article]
    how about reducing our diesel use/demand with USA sourced NG as a starter?


    On Jan 11 09:09 AM PrudentMan, CFA wrote:

    > Self-serving statements by "experts" mean nothing to me and have
    > not for the fifty years I have been an investment professional, although
    > I respect these individual opinions.
    >
    > The conundrum with oil that I have is that as the price goes up world
    > economies go down and the price will follow. The bullish aspect is
    > that people have short memories and they will not pursue, as President
    > Bush stated that we should, in his State of the Union Address in
    > 2001and later, which Congress ignored and still does, alternative
    > sources of energy.
    >
    > Hopefully when the politically inspired emotionally driven Greening
    > and Global Warming Manias pass, the country will get serious about
    > energy and not just talk. But I doubt that the Obama/Hillary Administration,
    > with their emphasis on political donations and reelection as is Congress,
    > will do anything substantive.
    >
    > I hope I am wrong but I won't put my money on it.
    Jan 11 11:32 am |Rating: 0 -1
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