Dondon
I know you like to see the price of oil going up.I can live with that only problem I have is how fast it will go up.
If the price of Oil escallates have you any idea how they gonna support the economy again when ythe price reaches a level that the cost of fuel will put a demper on spending.Remember current bank saving actions and other support governments have given at some point they need that money back.
I only see some rescue from alternative projects which reduces oil dependence and use of less fuell cars.Today we heard that GM will not sell the Opel plants just 14 days prior to the final sell to Magna.They fear to loose the technic and the market for the small cars .I know you guys don't like the so called green cars but seeing from a larger world wide view in Europe these cars will sell very good because of the type of streets cities etc up here.You can't compare I think driving in the US and Canada like here.So if oil indeed escalates but people can reduce the dependence on oil that should be fine and also these new technics create new jobs.Here solar systems or supported by government and the installation guys have lots of work.
I'm more for a gradual rise instead of a very quick one so that economy will not be affected to much.In that case I'm in for a higher price.
It's also very quiet on how things are going at PDP?