Price of Oil

[bearcatbob]

In the face of deteriorating economic data the POO continues to rise. Does that not deserve more attention?

[dan_s]

I am going way out on a limb here, but I think in a couple years we will be recalling the "good old days" when crude oil sold for under $100/bbl. As long as the global economy continues to grow this world's thirst for oil will continue to go up and there is no substitute.

You can download the BP Energy Outlook 2035 report from our home page. Take the time to go through it and I think you will agree with me. The "Age of Cheap Oil" is coming to an end.