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Old 06-20-2005, 07:40 AM   #1 (permalink)
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Oil Prices

Gal Luft, a spokesman for the Washington based Institute for the Analysis of Global Security, said yesterday in an interview that he saw the prospect of crude oil prices rising to around $60/barrel "in the near future".
"The era of cheap oil may be well and truly over" he said.
This morning oil futures were trading in New York at a little over the $60 mark.
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Old 08-08-2005, 11:31 AM   #2 (permalink)
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Re: Oil Prices

My guess is that the era of cheap oil ended with the present administration's secret development of our energy policy with the help of the US energy industries
top mgmt. You remember - our VP's buddies behind closed doors .

Has anyone here checked today's futures price on a barrel - last time I looked it was over $63. -If you have the money to start getting into solar for the home - now is a good time to start investing.

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Old 08-08-2005, 02:37 PM   #3 (permalink)
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Re: Oil Prices

newest energy around here is the windmills. huge monsters and the local farmers are making a killing on the space. Every time I drive by I think of 'rainman'
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