What the hell do Apple and Google care whether oil hits $100 a barrel? The shares of both companies pushed intrepidly higher yesterday even as the price of crude approached $90 for the first time. If quotes were eventually to reach $300 a barrel, we're sure stock market bulls would find umpteen reasons to be optimistic about it. To help them out, here's our Top Ten List of Reasons Why $300-a-Barrel Oil Will Be Good for America: 10. After Iraq, invading oil-rich Venezuela will be a piece of cake. 9. Someone will have to invent a car that runs on all the stuff we throw away, like old couches and asbestos. 8. Hearing of elderly people freezing in their homes, the terrorists will feel sorry for us and make amends for 9/11 by donating blankets and cans of Sterno. 7. Impress your date by taking her to...Jiffy Lube! 6. With driving less affordable, we'll get to see more of the world than ever via Google Earth. 5. Jed Clampett will have plenty enough to see that we're all taken care of. 4. You can kiss congested airports and crowded skies good-bye! 3. Tanker spills will attract hoards of looters, eliminating the usual clean-up expenses and headaches. 2. We'll all get rich gouging Arab tourists, who won't think twice about paying $500 for a hot dog and a Coke. ...and the number one reason $300-a-barrel oil will be good for America: 1. Time to break out those strategic reserves and PARTY!! *** Be Your Own Guru Take a look at the chart below. See anything that might have led you to predict that December Crude would make a very tradable top at 87.97? Would you like to learn how to forecast stocks and commodities as accurately yourself? Are you tired of
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