[billyk]

I read in the Wall Street Journal the president of BP oil say that with all the exploration & new drilling that has been going on in the last 4 years 08 will see a decline in oil prices. Maybe we should trade our water for oil with the Saudies. You can't water crops with oil! billyk

[essex]

Not expecting a decline in prices but CNR looks to be onto something good in the FSU.
www.canargo.com
There is a powerpoint presentation you can download from the top of the home page.

[sicophiliac]

Well you have to factor in demand growth, depletion of old fields and then the new production that comes online. Too many variables there to nail anything down for sure.. yes I know many here will act like experts and site this or that study or data but really nobody knows for sure. I personally think if we can hold oil prices in the 80-100 dollar a barrel range for awhile that would be the quite healthy when it comes to forcing conservation and alternative energy sources while not collapsing the world economy.

[billyk]

Sico- exactly!!billyk

[Keith_McClary]

$this->bbcode_second_pass_quote('essex', 'N')ot expecting a decline in prices but CNR looks to be onto something good in the FSU.
www.canargo.com There is a powerpoint presentation you can download from the top of the home page.

[Twilight]

$this->bbcode_second_pass_quote('billyk', 'M')aybe we should trade our water for oil with the Saudies. You can't water crops with oil!