All I can hope is that the reason we are not using our own oil is because we would rather leach it out of other countries first. This will keep our supplies around longer. We will also never have to fully depend on any country if they finally decide to cut us off.
I am also confused about the pricing issue right now. Supply is not pushing the price up, it is the speculators. This is kind of like the housing market, but with out the demand help to push it. Will this be a very short bubble blowing. I hope so. But can it actually crash like the housing market?
Man I would love to see oil crash and hit $50.00 a barrel.
I am also confused about the pricing issue right now. Supply is not pushing the price up, it is the speculators. This is kind of like the housing market, but with out the demand help to push it. Will this be a very short bubble blowing. I hope so. But can it actually crash like the housing market?
Man I would love to see oil crash and hit $50.00 a barrel.