Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Moominoid who wrote (30839)	4/6/2003 2:01:29 PM
From: smolejv@gmx.net	Read Replies (2) of 74559

Will the new constellation down the road - Iraqi nation has no more Saddam, no more WMDs and oil production at full throttle - give US (and us) a 15$, 12$, 10$ (or a single digit) oil price? a) who said oil goes down that far (I did, but I would not know...) b) Can one talk about oil market at all in such circumstances? c) Can cheap oil (after booms and busts in Iraq...) lead us into the recovery ? d) Can Saudi Arabia survive under these circumstances and in what way or form - what are the scenarios? DJ

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