THE OIL BUBBLE HAS BURST AS PREDICTED.

IN MY JUNE POST, I HAD PREDICTED THE BURSTING OF THE OIL BUBBLE. SO IT HAS.
HOW FAR DOWN WILL OIL GO. IT IS POSSIBLE TO SEE $70-$80 PER BARREL, BY YEARS END. CONSUMERS HAVE WOKEN UP AND ARE MOTIVATED TO CONSERVE AND USE LESS OIL. SO $ 75/BARREL IS A REAL POSSIBILITY,

THE MAJOR FINANCIAL COMPANY ANALYSTS PREDICTED OIL GOING TO $200/BARREL
THEY WERE WRONG ON SUB PRIME , AND ON OIL. MAY IT IS TIME FOR WALL STREET TO BE IN TOUCH WITH MAIN STREET.

OIL EVEN NOW PROVIDES THE BEST BANG FOR THE BUCK, ie IT PROVIDES A QUICK SOURCE OF ENERGY AND POWER. TILL A REAL ALTERNATIVE COMES ALONG OIL WILL BE MAIN SOURCE OF VEHICLE POWER.