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Re: wahz post# 34448

Thursday, 04/24/2008 12:34:49 PM

Thursday, April 24, 2008 12:34:49 PM

Post# of 36150
Thanks, WAHZ. I believed oil would crash and go back to around $12/bl eventually. Even I have doubts. But, many had doubt at the NASDAQ 2000 top, too.

There as so many cool competing technology out there for fuel economy. They can't all survive. Plus, good technology may never make it to market because the price of crude will crash and it won'yt make economical sence to go ahead with the technology.

I think petro and bio fuel will be aroung for a LONG time. In the meantime, I'm not sure with technology wins out. Remember, betamax was a superior format compared to VHS, but VHS won out.

I guess for me, I'd like to see a Scuderi, electric-diesel hybrid in a Passat or the VW SUV. In the Passat, that combo should be good for around 90 mpg. lol!

Anyhow, when crude crashes and hits bottom, it'll be 10% of what it tops out at. So, if it hits $225/bl, $25 will be great. :>)

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