Thursday, January 01, 2009 12:58:50 PM
In the face of a global financial Armageddon China is still growing. Oil will go back up, and exceed its $147 high.
Remember the interview with the CEO of a Canadian oil company where he said China was calling him monthly and offering outrageous amounts for his company. His comment as I best remember it, "I wished I knew what they knew to offer so much".
Lastly, for jake, it's not unamerican to accept the world we live in and prepare for the eventuality that our oil supply is in decline. Oil isn't called black gold for no reason, and the world is about to see why.
I'm weary, beaten down, kicked, punched, spit on, and demoralized by delays. But each day brings us us closer to a billion barrels of oil. The Kosmos slot 5+6 swap could make 2009 the year... Finally!
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