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Old 05-14-2008, 03:58 AM
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Great points and thinking more I wonder about oil companies. Right now they are making big time money. However they might not be in the future as we are now striving more then ever to get off our dependency of oil. Perhaps oil company's are both helping and hurting them self's at the same time. Or looking more to the future then the now.
What I mean by this is Although prices are so high people still have to pay them for the time being as their is very limited other methods to getting around. Oil company's will make a ton of money and at the same time push people to WANT and NEED to move to greener other fuels for everyday living. When the oil company's start losing profit on oil they can easily use all that money they are earning now to buy and sell greener fuels thus placing them selfs on the high thrown once again.
I expect Oil a barrel on the open market to hit well near $200 by the end of this year.
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