North West Oil Group, Inc. (NWOL)

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Petrocalypse! and the IEA. International Energy Agency, reports that demand will exceed supply for 2006 and beyond. I was reading this article from a magazine I recieved today.

On friday the markets sold off and Thursday too. Friday had something to do with Iran willingness to talk about their Nuclear program. I guess they just want to get into the fraternity. This had a negative impact on the energy stocks around the globe.
I heard on Cnbc that there would be a less demand on energy the rest of this year. I wish I could remember now who stated this. This is the most misdirected piece of news I've heard. I wonder what his source is.

I don't know how many have read this but its really some food for thought. $150 a barrel oil. $5.32 at the pump. Its speculative but possible. A turn of events, another hurricane, Chavez selling to China as opposed to the US. The US getting squeezed out of oil supply. A host of other things to many to mention.

Russia is an ally of the US but there are talks going on between Russia and China and its thirst for oil.

Anyway this information source is from Addison Wiggins, he is the publisher for Oustanding Investments.

Something to come to terms with is dispassionate investing. Getting beyond the politics is the only way to win out for what might be forthcoming. I guess we all have a to struggle with this from time to time. It may even restrict us from investing in other countries aroung the world. I remember getting my butt kicked here in this market when I could have some nice returns in Turkey or South America.

Oil is and will be from here on out, till it runs out the number 1 place to be. Cheap gas is not coming back. Alternative energy is needed but it won't replace oil. The oil industry is getting pressured for cleaner burning fuel. The problem with this is the cost associated with it and will be added on at the pump.
I bet anything that smaller cars and smaller engines will be back. Fuel efficiency will be the only way to combat the cost for a gal. When gas gets to 3.50 milk will be 4.25 a gal I bet.

A moped, a go cart, a golf cart may be other alternative measures or buying a car from India. A mini car from Italy.