Bless the Dragon...27 Jan 2010 17:32
You're as safe with DGO as in any oil producer with good upside potential. However, the prospects for the world economy especially China moves the futures prices around somewhat. Oil is a commodity like anything else. However, it exerts a control over the world like nothing else in that when its cheap the world economy moves apace. Sadly, it is the capital markets, debt. etc. where the bottle neck is right now not the oil price. We (UK citizens) can help by removing other risks i.e. the next idiot Gordon Brown move, by removing him ASAP. He's got an 'instructor' recently, zapping his mitts with a electric cattle prod. when he wants to 'see what that button does' but his ten years as chancellor set up the conditions for our current predicament (Not just him but for we in the UK, mostly him). Still, the recession he helped induce is more effective at reducing atmospheric carbon than all the Green party policies plus all the worlds wind generators added together.
Maybe he's a Green party fifth columnist! Tough on carbon, tough on the causes of carbon...