http://www.dailyreckoning.com.au/price-oil-energy/2008/01/22/ An independent perspective on the Australian and global investment markets Sat, 21 Nov 2009 10:39:45 -0600 http://wordpress.org/?v=2.8 hourly 1 http://www.dailyreckoning.com.au/price-oil-energy/2008/01/22/comment-page-1/#comment-6239 Jason Peal Tue, 22 Jan 2008 09:00:56 +0000 http://www.dailyreckoning.com.au/price-oil-energy/2008/01/22/#comment-6239 Think your website is great,i get your emails every day. Having just adjusted my stock holding to oil only i would agree that oil / energy is on the way up.The world is growing and the developing nations where people once rode a bike are now full of cars,and houses with power. These are both things that people will not give up easily anywhere in the world. Oil is not abundant and if the price drops evan less abundant. Our oil reserves have increased because more money can be spent extracting once uneconomic deposits.I feel we will only see higher oil / energy prices in the future, and may wish we could see $90 a barrel again. Think your website is great,i get your emails every day.
Having just adjusted my stock holding to oil only i would agree that oil / energy is on the way up.The world is growing and the developing nations where people once rode a bike are now full of cars,and houses with power.
These are both things that people will not give up easily anywhere in the world.
Oil is not abundant and if the price drops evan less abundant.
Our oil reserves have increased because more money can be spent extracting once uneconomic deposits.I feel we will only see higher oil / energy prices in the future, and may wish we could see $90 a barrel again.

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