Welcome to the Vitus Capital Blog!
Notes to myself, possibly of interest to others.
-- Bill Northlich

Sunday, May 16, 2010

Oil

If the world's oil supply is no longer growing then there will have to be fewer cars driven a lot fewer miles somewhere so that there can be a whole lot more cars driven around somewhere else. Somewhere is the US of A. Somewhere else is China and India.  And that makes $100+ a barrel oil probable real soon, recession or not.
---CK Michaelson, SAR, 5/15

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