GREY:CLLZF - Post by User
Comment by
stickleron Feb 11, 2008 1:16pm
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Post# 14350714
RE: Crude Oil Firms Up Above $90.00 barrel
RE: Crude Oil Firms Up Above $90.00 barrelYes, but China and India still a large part of global growth demand for oil. Also it will take 10+ years for larger scale use of more energy eficient vehicles. Not to mention shortage of nuclear facilities and the time it takes to build more. You are right, but demand will continue for quite some time and hence higher oil prices.
IMO