My only concern is that once we realize we're not going to run out of oil for at least a couple of centuries we don't undo the great work of being more efficient with our energy.
From an investment perspective though I can't see $100bbl oil prices being sustainable in the long haul. Its just too tempting to under cut by a 'few dollars' and capture more of the market.
From an investment perspective though I can't see $100bbl oil prices being sustainable in the long haul. Its just too tempting to under cut by a 'few dollars' and capture more of the market.