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Gold/Mining/Energy : Big Dog's Boom Boom Room

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To: Big Dog who started this subject7/27/2001 1:38:54 PM
From: Second_Titan  Read Replies (1) of 206099
 
Motives behind the Bush administration response to OPEC.

Is it the Bush/Cheney response to global warming. Is it higher crude prices will reduce demand and force conservation & utilization of higher efficiency equipment/vehicles?

Or perhaps another collapse of crude oil could destabilize allies?

Or perhaps another oil price collapse could lead to massive price spikes down the road when the economy recovers and he is looking for reelection?

Who knows but I am sure the Democrats will be taking advantage of Bush's passive support of OPEC's price band.
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