chop,
it's good to see you posting picks again, even if you've been cold. Gotta stay with what works, even during the low points.
you also make very good points on oil. While there may be a drop in oil & gas prices short term, the long term multi year & decade trends have nowhere to go but up. There billions of people in india & china, & if all those people begin to approach our way of life, there will never be enough oil drilled out of the ground.
Ultimately the market will work! high gas prices will force consumers to purchase more efficient transportation over the coming decades. I foresee that the soccer mom suburbia family toting in a large truck will be a thing of the past (not so much in the midwest, where trucks are king forever.) Toyota & Honda will continue to prosper while our auto makers, still clinging to their outmoded big car/SUV business models, will continue to let down american consumers & workers.
The government has little power to effect prices, & it would be a disaster if they ran our energy industry. Govt can't even keep foreigners from walking over our border!
Nice thread!
BRAVES JUST HIT A BOMB 7-6! GO BRAVES!!!!