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2007 The Doubler Thread for the Year Ahead
spob - Wed, 27 Dec 06 :
Light Sweet Crude Oil
Market NYMEX
Price $61.12
I would like to offer up Light Sweet Crude Oil, traded on the New York Mercantile Exchange.
This soon to be fast depleting commodity is now experiencing it's peak in World production. The human race thus far has consumed one half of it's available resources of crude oil. The World is now producing crude oil at an unsustainable rate.
Demand for oil continues to soar as the rate of significant & meaningful oil discoveries declines.
You will find informative links/videos/presentations which support the above at the top of the BP thread. ( epic bp. )
I would urge all investors to allocate at least a portion of your available investing funds to the oil sector.
Thankyou & good luck with your 2007 stock picks :)
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