Home › Forums › Financial Markets/Economics › $100 barrel of oil, here we come…. › “Oil prices up mean that it
“Oil prices up mean that it is more valuable to drill for oil”
Looks like exxons explorations are not working out to well.
It’s not that oil is disapearing is getting more and more expensive. Every well goes through a natural peak and decline. That’s just the way it works.
http://money.cnn.com/2007/11/01/news/companies/exxon_mobil/index.htm?postversion=2007110112
Yes lots of places new places to invest. Follow the advice of T. Boone Pickens (he just bought that 35 million dollar property in del mar). And Matt Simmons former bush energy advisor.
