Regarding the price of oil.
One analysis ........read about this in the Wall Street Journal........
It's recognized that the price of oil is on a Bubble curve now......a very
very servere bubble - and in all speculative markets, like real estate ,
perfect example...........when prices keep going up and up .....the bubble
affect, eventually it collapses.
This one analyst was saying oil will be back down to 80 a barrel by late
summer ( it hit a mid-day high of $ 117 per barrel recently )
...........another guy said 50 a barrel, though that's hard to imagine.

Just doing a google for WSJ and price of oil bubble and I get an article
written
in Oct 2005 and oil is 70 dollars a barrel and they are saying relax it's a
bubble
it will never stay there.
Guess what it didn't stay there it moved to 117!
Oil production has peaked and we use more than we find everyday.
Yes there is some "hot" money in the oil market but longterm the price
is headed only one way and that ain't down.
China and India will pickup any slowing demand in North America.

Bernie
Vancouver