Strategic Asset Leasing Inc (fka LEAS)

[hickoryjones]

Your right, I apologize, you did say could. I agree that oil could hit $80 but I think it will take a lot of factors to even get that. I think one that could make this happen is the fact that gas produciton is so low because of Ike that oil prices can slide without really effecting the price of gas, which from a consumer standpoint if the demand doesn't ramp up from falling gas prices oil could slip.

I think Natural Gas is a little trickier right now because there are some pretty good reserves being built in south Texas now considering how many power/utility companies are off line. Will be interested to see the price of it. To be honest, it is the exact opposite of oil in that it is probably underpriced right now.