Originally Posted by sirex
supply isn't getting lower... I still see them producing the ammount of oil that we need per day without any problems.. That means supply is still the same.
The oil reserves are finite, so obviously they are getting lower. Couple that with the fact India and China are using more oil than ever so the reserves are depleting quicker than forecasters expected.
And unless you have a mil, investing in oil won't yeild you much. The hey day of black gold was gone long ago. Gold + biotech are the future stocks