Disagree. Simple basic example: the military depends on oil and there are no words of technology being changed. Until then, demand will continue.theredstar wrote: ↑I would be very careful about oil stocks. I think oil will forever be cheap. Tar sands will not be economical anymore. You'll see giants like suncor and canadian natural resources go bankrupt. You'll be seeing $10 crude prices soon. Also, renewals are coming online so we won't need oil in 10 years.