Replies to post #506 on Treaty Energy Corp. (fka TECO)

[tedwitt]

China, India, Chile, Indonisa, and othe countries cut their subsidies on crude oil and passed on the costs to their people so you added billions of people to the "I make less basket". Several other reasons like the oil sands over heating and more. Look at UTS, Total SA nailed them at a discount yesterday. People fleed currencies and into crude. 90 % of crude traders knew this was coming. It will not matter in the long run because you can not replace the 3 - 4.5 million barrels per day of depletion that occurs every year at $40 per barrel...

We need to talk, you will get the idea.

[caprock]

oil was part of it.