Date: Sun, 12 Jun 2005 23:19:57 GMT From: Dan <dannospamam.com> Subject: Re: 9-7X ?
On 6/12/2005 5:16 PM, Shane Almeida wrote: > On Sun, 12 Jun 2005 15:04:13 GMT, Johannes wrote: > >>Yes it's very odd that at times when oil is running out, the 4x4 cars >>are becoming popular with the middle classes. > > > We've been "running out" of oil for decades. The estimates for how many > years the oil reserves will last has been nearly constant since the 70s. That's because they have discovered new reserves using new exploration technology. But the supply is finite and with terrorism on the front burner for now, oil will stay over $40US for the foreseeable future. Just think that 5-7 years ago oil was trading at $20US.