The Message From The Oil Market

Bob's end game interpretation, while likely viewed as 'crazy talk' by the mainstream, is not so far-fetched. In time Bob's price target will viewed as way too conservative.

Regards,

Eric

West Texas Intermediate Crude Oil (OIL):

Eric,

Over the years Oil Company's with the help of modern technology have made discovery's of oil and natural gas right here in the U.S.A. The technology, location, paying for drilling rights, and hosts of unforseen cost's have prevented these company's from bringing this oil to production stage and selling it, "up until now that is". What We are witnessing in all of the Middle East is America's version of the Fall of The Berlin Wall only this time its Our turn.
All the dictators We have helped to take power over many years are now being overthrown, is Saudi Arabi next? and without Saudi Arabia where does that leave Us ?.
As the price of oil continue's to rise at what price will the oil company's be able to make a profit on their "capped off oil" I am betting $150.00 + per barrel and You should to.

Bob.C