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Strategies & Market Trends : Value Investing

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To: Wyätt Gwyön who wrote (16564)	3/11/2003 7:11:29 AM
From: Demetre Deliyanakis	Read Replies (2) of 78649

Oil prices will fall after the war is over, unless Saddam sets fire to all the oil wells. There is a built in premium to today's spot crude prices. The USA could release oil from the strategic petroleum reserve. If the war goes well and the US army regains control over the oil fields of IRAQ. Prices could fall about 10$ U.S. per barrel. USA investment in IRAQ oil fields over the next 5 years could double or triple Iraq daily production. Demetre

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