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Lexaria Corp > Message
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Re: Short-Term Energy Outlook - by The Energy Information Administration (EIA)

Posted by: jillsdad on April 04, 2008 10:02AM

In response to: Short-Term Energy Outlook ... by AGORACOM

Short term energy is one thing.... long term is another.....

Bottom line... oil is over $100/barrel. China is driving it and India isn't far behind. That price isn't going down. How long before we see $150 or even $200 oil? People driving SUVs can bitch all they want about the price at the pumps but this is the new reality. Higher world prices make all of these smaller projects more economically viable. Lexaria will ride the wave nicely. nuff said

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Chris Bunka
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October 11, 2007

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