Anyone heard the story of the U.S. finding one of the largest oil reserves in a long time in the Gulf of Mexico? My buddy was telling me about it. Apparently it's huge...but won't be tapped until 2010. I sure hope it's true!
| Search Fishin.com |
Senior Member
Anyone heard the story of the U.S. finding one of the largest oil reserves in a long time in the Gulf of Mexico? My buddy was telling me about it. Apparently it's huge...but won't be tapped until 2010. I sure hope it's true!
Senior Member
Yeah, I heard about that and heard that it could double our reserves. Probably won't do anything to prices though because it still has to be refined and that is where we need the improvements/more facilities. Hopefully I'm wrong and the prices continue to fall after election time. Was $2.28 around the corner from me in Prairie Village (Louisville) this morning.
Junior Member
i heard an analysis that predicted crude oil to fall to around 40$ a barrel by around thksgvng leaving gas at around or just below 2$ a gal
and stabalize for a little while before going up again. its gonna be like getting a pay raise.
Posting Permissions
Reply With Quote