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Re: localoil post# 2810

Friday, 02/09/2007 10:38:38 AM

Friday, February 09, 2007 10:38:38 AM

Post# of 45174
I am short term bullish on oil prices, world demand and geopolitical factors bode well for oil. Longer term the threats to higher oil prices are world recession and price. Oil prices that rise too quickly will generate alternatives that will correct the price of oil. But we do have politicians that are bullish for oil due to their inherent ability to do the wrong things. Good article and at these prices for oil, oil properties and rights are an interesting investment when managed the right way.