Only a decade ago oil was selling for 10 dollars a barrel folks and it
was cheaper
than bottled water.
People in the oil business were being laid off across North America.
No one cared.
We all loved cheap oil and cheap gas.
Well everything comes to an end doesn't it.
Oil is going down now because demand is affected by the suffering economy
and because big hedge funds have to unwind some of their positions.
But it will go up again.
It will go up again because the hundreds of billions of dollars of borrowed
and printed money courtesy of the USA to plug the subprime mess will lead to
inflation.
Big inflation.
You ain't seen anything yet.
In Canada we actually have government surpluses and have had for many years.
Novel idea isn't it, Federal Government actually spending less than it
takes in.

Bernie
Vancouver