The traders keep blowing bubbles then bursting them, and making money while they do it. So the answer is "never." That article says there is no good (or any) reason (based on the usual factors) why oil is $100/bbl and gas shot up $0.30 overnight or in a couple of days.
And reserves keep being found that expand the potential supply of the stuff, might cost a bit more to get it, but its there. So, when you figure out the answer, you can become a trader and make millions so you won't ever have to worry or whine or have any sorts of concerns about the price. In the meantime you can buy stock in the oil companies. --R Kaleb C. Striplin wrote: > When is the bubble going to burst? > > Rich Thomas wrote: > >> *This is a good article from the center of the all bidness. >> >> --R >> >> >> Feb. 27, 2008, 5:48AM* >> Gas prices hit record high >> U.S. flush with supply, economy is weak, but a speculation-based rally >> driving costs >> >> By many measures, this shouldn't be a record week for oil and gasoline >> prices. >> >> Fuel inventories are at 14-month highs, gasoline demand is down nearly 4 >> percent from this time last year and the U.S. economy is sluggish. The >> country is so flush with gasoline it actually exported some to oil-rich >> Nigeria this month >> >> >> http://www.chron.com/disp/story.mpl/business/5573488.html >> _______________________________________ >> http://www.okiebenz.com >> For new parts see official list sponsor: http://www.buymbparts.com/ >> For used parts email [EMAIL PROTECTED] >> >> To Unsubscribe or change delivery options go to: >> http://okiebenz.com/mailman/listinfo/mercedes_okiebenz.com >> >> > > _______________________________________ http://www.okiebenz.com For new parts see official list sponsor: http://www.buymbparts.com/ For used parts email [EMAIL PROTECTED] To Unsubscribe or change delivery options go to: http://okiebenz.com/mailman/listinfo/mercedes_okiebenz.com
