Thread: Oil prices..
View Single Post
Old 06-27-2005, 05:09 PM  
$5 submissions
I help you SUCCEED
 
$5 submissions's Avatar
 
Industry Role:
Join Date: Nov 2003
Location: The Pearl of the Orient Seas
Posts: 32,195
From a contrarian point of view, the longer oil is at elevated prices, the cheaper alternatives become. If this trend persists, you'll see oil superseded as the energy source of choice in developed economies.
$5 submissions is offline   Share thread on Digg Share thread on Twitter Share thread on Reddit Share thread on Facebook Reply With Quote