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Old 06-21-2005, 02:51 PM   #64
oldandslow oldandslow is offline
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Join Date: Apr 2004
Casino cash: $5160
My 2 cents...

1. The days of cheap oil are over...period. Too much demand - not enough supply.

2. Second, more refineries are not being built because oil companies know number 1 is true. Why build new refineries when supply is tapped out?

3. If alternative fuels are not developed in the next 5-10 years, we are all screwed...

4. The Saudi's have said they are going to raise the number of barrels to XX several times over the past 2 years. Guess how many times they actually met their goals.

see... www.peakoil.com

It is worth a read.
Posts: 3,786
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