Saturday, May 24, 2008 1:13:28 PM
Oil is now $130 a barrel
Take a good look at the historical prices of oil. If its such a good deal, why is the prices increasing so rapidly as of late?
Higher oil prices mean that natural market forces start to find cheaper sources and thats what is happening right now with BLDV. The market is starting to move into alternative energy, because oil cant keep prices down.
The oil companies have failed and the race is now on to find other supplies.
http://www.economagic.com/em-cgi/data.exe/var/west-texas-crude-long
Look at the last few years, with the rapid price increase in oil. Its that failure of oil to keep a steady slower price increase which is forcing the market to find other rational supplies of oil and BLDV has found that in the cahoon palm nuts.
It will help out Belize, the US and BLDV immensely.
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