Halliburton Company (HAL)

[trunkmonk]

Never known any more accurate forecast then the farmers almanac. It says this winter will be below average temps. reserves will dwindle as oil is used and cars idle longer all winter. people dont take walks cause of the cold. they will not stop shopping at the malls cause interest rates and prices stay in check, stable manufacturing costs. oil will fuel the wallet as well as all the products we buy.
Oil will not go as low as anyone thinks and it will not stay there. people will burn oil like never before, 7 trillion of them.
anyone who claims china slowing economy will drop oil consumption dont know what they are talking about. chinese people are like any other, when things slow, they drive to the mall more, even if they cant buy as much they will use more oil. they will drive instead of fly, they will cruise in a car instead of stop to eat, they will burn more oil then ever when they are at home in a cold house.