here we go again

[kygorski]

Actualy we use the "golden rule" ya got da gold, make the rule.

[GeoFisher]

I think it is a sign that the economy is getting better, and China, and India are beginning to consume more OIL again.

Not only that, but this winter has been HELL. Starting around the first of December, we didn't have very many days above freezing.........pretty **** cold. REALLY cold if you ask me.

Take those two things into account and you have a double whammy causing oil prices to spike.

I think a LOT of this mess has to do with environmentalists talking about peak oil a a few years ago. With all the peak oil arguments, and no way to really, REALLY gauge the supplies that exist, we will always have these spikes in prices as demand increases.

Personally, if someone........ANYONE with a brain would come out with a better estimate or "guesstimate" of how much oil was REALLY left, maybe the cost of a barrel would drop.

I personally don't think we have any idea how to gauge what is left, because they continue to find LARGE reserves all around the world.

HM......

Later,

Geo