Oil at $250 a barrel

[deception]

http://www.guardian.co.uk/business/2009/jun/10/oil-market-reserves

 

[Shapecity]

good, less traffic

 

[deception]

good, less traffic

more war

 

[Shapecity]

The oil suppliers actually want the price to hold steady at $70.00 Oil will soar to $250.00 if there's another bubble and speculators start going on a buying spree again.

Why do you think more war? And who will be at war?

 

[deception]

The oil suppliers actually want the price to hold steady at $70.00 Oil will soar to $250.00 if there's another bubble and speculators start going on a buying spree again.

Why do you think more war? And who will be at war?

well im following a historical trend- oil is the crux issue behind many geopolitical issues. for instance- north korea launched their nuclear program after the sanctions which effectively cut them off from oil and now they are willing at least ostensibly to slow or stop their program in exchange for oil which the bush admin didnt fully deliver upon. plus, as the article hypothesizes- there is only 42 years of oil left for the plant, if we dont imagine some creative alternatives- the world may experience tremendous levels of social fission over competition for this quickly diminishing resource. and demand is only increasing with so many nations coming on board. plus, oil is rich in the most unstable places in the world, i.e the mid east and north africa.

 

[Shapecity]

Go buy oil stocks and/or options then.

 

[deception]

Go buy oil stocks and/or options then.

im currently looking for work. although, i would love to splurge on stocks (its a buyers market) if i had the money.