All in due time. First we deal with low rates and inflation, then the $$$$$ specs will swing out of oil and , likely, back into gold again, as they did last time, at around , likely, the same time inflation is peaking. Eh, makes sense on paper anyway!

I was trying to google a geo map of the US that earmarked where the proven yet restricted, and yet unproven but likley deposits may be.

I'd also like to know how much more damn canola we can grow, crack it, use the oil to feed our truckers, and put the waste back into our cattle as feed. Gotta love them Canadians and their engineered grains!

firstly, the NY stock traders are part of the problem, but it's the investors worldwide who are in hedge funds banging the price up. Second, you've got a dollar worth zip. So you have to pay 2x, 3x,4x your dollars for the oil sellers to make their same profit. Third, India and China are going through their industrial revolutions, and are buying and driving up the cost of all commodities. So the oil dealers can sell abroad if they can't get their price here. I don't see a crash in energy coming any time soon, but it's open for discussion.

ran a good size article two weeks ago on oil. There were a few analysts who were not really known to agree with one another on other things but they seemed to agree that the supply/demand pressures on the oil market are supporting $80-$85 bbl right now and have been for a year or two. The gist of it was from Q4 '08 to early into Q1 '09 'adjustment' should be happening. ONE man went so far as to say [paraphrase] Tech bubble, housing bubble, oil bubble.

We'll see..

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1987 300D (230,000 mi on a #14 head-watching the temp gauge and keeping the ghost in the machine)
Raleigh NC - Home of deep fried sushi!