For those who didn’t already know i thought it was worth mentioning again, that Crude reached a high of US$52.25/barrel in NY trading.
I continue to believe we are going to look back in 3-5 years with oil at US$150 a barrel again and wonder why we didn’t do more to invest in alternative fuel sources when oil was less than US$60 a barrel…if you do not have oil type stocks in your equities portfolio you should ask yourself why…