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ajtj99

12/22/08 11:45 AM

#137618 RE: michael03332002 #137617

No idea, michael. The contango in oil has me a bit perplexed, and I really am not sure how this is going to play out.
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sylvester80

12/22/08 4:21 PM

#137639 RE: michael03332002 #137617

Looks like the world is going green with oil alternatives to almost everything now. The oil industry shot itself in the foot. The economy was in the sh*ter all year long and yet oil was hitting almost $150 just 6 months ago. Yet the economy was in the crapper and in some part $150 oil contributed to it. So now in just 6 months we have gone from almost $150 to $30. I hope everyone in the oil industry gets burned and burned badly. Those freaking crooks.

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