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Politics : Ask Michael Burke

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To: Knighty Tin who wrote (81924)	6/24/2000 8:44:00 PM
From: Don Lloyd	Read Replies (1) of 132070

MB - news.excite.com "...Ex-Saudi Oil Minister Yamani predicts oil crash Updated 7:19 PM ET June 24, 2000 LONDON, June 24 (Reuters) - Britain's Sunday Telegraph newspaper quoted former Saudi Arabian Oil Minister Ahmed Zaki Yamani as saying oil prices are set to crash in the next five years and the "oil age" would end. "I can tell you with a degree of confidence that after five years there will be a sharp drop in the price of oil," was quoted as saying. "The price will stay high for the moment because of high demand."..." "...The picture for oil would be even more dire in 30 years time, Yamani said. "Thirty years from now, there is no problem with oil. Oil will be left in the ground. The Stone Age came to an end not because we had a lack of stones, and the oil age will come to an end not because we have a lack of oil," Yamani was quoted as saying." Regards, Don

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