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I think $82 will hold for a minute. Look for it to hold this week. $85 is the high end short term target. Once $85 gets taken out, in the next week or so, look for a run to $100.
Oh but Gartmen said that we have twice the reserves we did a few years ago. We have 66 million on layaway.
Oil consumption is roughly 82 miilion b/d.
Ya, great. Essentially infinite hydrocarbon reserves on Titan. Go ahead and count those, too.
Let's see you print oil, Ben.
I am waiting for an author to write a science fiction comedy about the bumbling oilgarchs trying to ditch this planet but fail once they realise oil production has peaked and technology ain't sheit.
Herbert Walker, are we on the moon yet?
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