Oil is up is it at a loss or are there possible gains.
Oil prices are up and will probably continue to go up. Is this a bad or a good sign. Answer much worse than good. The good first. Pollution is down which means less erratic storms. That's it. The bad, it costs 10 dollars to go to the store. Is that it not by a long shot. Sales are down for corporations including profit and well people are even poorer than before. Plus heating and electric a bigger blow than car usage. Is this all necessary though. Very necessary. The higher gas prices have contributed to lower pollution which is cleaner air which has cause the crazy weather to subside which a lot of people have noticed because this problem seemed to be solely in USA. The number one polluter in the world.
Is there still profit off of Oil. Yes surprisenly enough. Where is the profit it seems in startup American oil companies including the Canadian oil sands. Why huge oil reserves and its not foreign which has become a problem for America. Expect these companies to grow and big time. The other American Profitter are the funds. With some growing as much as 25% last year. What this all mean Big oil is making more money than before and this will continue for the time being. Until more efficient stuff comes to the market don't expect oil prices to come down it just won't happen. The profit is there and it is still all located in America.
One other oil venue for people may be Russian Oil. Why they sell to America and Europe and will become a chief exporter for both. Why they sell it cheap and affordably at a good price and a dont have ot worry about the money being used to exert extreme profatibility. The oil will come from Russia and it will be a fair deal for all of those involved. It will probably be Russian oil that will see the biggest gains.
- Invest in funds risky ones could mean very high profits.
- High risk
By ehow.com
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