- Sep 7, 2003
With oil prices going up is this the right time to buy oil stock? This would offset some of the higher prices we pay at the pump and them some for a lot of people. The question is, when it will it peak? Or does it have a long long long way to go such as $300-500 per barrel? Will alternative energies come out before it gets that high? Hearing that gas is going to $5-10 per barrel would indicate that oil would have to go up much much more than it is right now.