Apr 23 2008
Fundamental Insight on Oil
I received the following insight on Oil outlook from an internal trader here at Trading Post, which provides interesting insight ...
I am not that bullish on oil compared to 2005 right now. I am not suggesting to short the oil right now, though!!!. What I feel that in the long run there will be a lot of alternative energy. Moreover, the word scarcity in the economy does not apply to oil. There is more oil in the world that we know. For example just in Alberta it's reported there's oil that can sustain the rest of the world for the next 300 years!!!!.
On the other hand, I am more bullish on Natural gas and Cola like I suggest in Early April plus I start to load my account with some Oil Drilling Companies.






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