Originally Posted By: TBJ
He and Cheney have sure done well for themselfs and thier friends with thier oil stocks. The last 8 years have been a joke and it aint a very funny one either.-TBJ


ANYBODY can buy an oil stock.

look up Rockefeller- standard oil a true pos Now called EXXON

look up Al Gore- Occidental petroleum.

none of these guys want the price of oil up, it eventually means more drilling in places they dont want to drill.
They are already rich. Yet some people like it, if you will take the bus more often.

Gold is up, you dont care, but someone got rich on gold, wheat, natural gas, fertilizer, steel, etc.
You dont have to buy an oil stock or the USO oil index to get rich.


i have to admit Cramer might be right about oil.

China and India demand is up and is growing fast
The saudis had to turn up the pumps to get the same amount of oil from the previous year (running low)
They like the price.....
oil is more expensive to drill for in new deep water wells like Brazil