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Strategies & Market Trends : Zeev's Turnips - No Politics
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To: KyrosL who wrote (1081)10/22/2001 2:31:28 AM
From: LTK007  Read Replies (1) of 99280
 
kyros,at this moment i am with you on this--the one element that could cause inflation is still out there,however:that being a disruption in the oil supply chain.
I know a couple investment firms say they are buying oil stocks on a belief the oil supply lines will be "disrupted" within a year or so.
Saudi Arabia sits on 25% of the world's oil reserves.I
don't want to get into the world politic here,but just let's say i can see several scenarios that could cut off oil supply from Saudi Arabia to the U.S.
And this leads to a question i need an answer for,if Saudi oil supply was blocked--how long would our national emergency oil reserves be able to replace the supply that such a disruption would cause?Max
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