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1/25/2018 7:38:29 AM
Posted: 4/11/2006 10:54:06 AM EST
Try investing in oil.

We are decades away from fully integrating a new energy source. It took twenty years to completely integrate out leaded gas, how long will it realistically take to completely phase in a new energy source?

We haven't built a new refinery in years, which means if we owned all the oil in the world and it was sitting in tankers at our ports, gas would still be $2.75 a gallon.

Face it, gas won't be going down anytime soon. Our grandparents were single car families, our parents were two car families and we have become three - four car families. Our hunger for fuel isn't going down.

Pinch your pennies together and invest in oil, then you can smile when prices go up
Link Posted: 4/11/2006 10:55:26 AM EST
I just keep shooting at rabbits with a shotgun hopeing to strike oil.
Link Posted: 4/11/2006 10:56:24 AM EST
Link Posted: 4/11/2006 11:03:13 AM EST
You can invest in Exxon too...

I know, I know, if you turn on the news, Evil Exxon is responsible for all the worlds ills including Bird Flu, World Hunger and the War on Drugs, but even owning a few shares isn't a bad investment.

It sure beats feeling powerless and hoping gas goes down a few cents next week!
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