Prudent Bear Fund (BEARX): contrarian investing Message Board

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Pastimes : Prudent Bear Fund (BEARX): contrarian investing

BEARX 4.050

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Nov 4 4:00 PM EST

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To: Joan Osland Graffius who wrote (760)	8/7/2003 11:48:47 AM
From: Tommaso	of 793

Unless the US invades Saudi Arabia I don't see how we can possibly control oil prices any more. I guess there's always jawboning, but the oil producers have literally got us over a barrel, or a price per barrel. But you know that. Our own oil is mostly gone. And we are drinking up oil from other countries like an alcoholic elephant at a punch bowl. There may be something wrong with it that I cannot perceive, but I have put a lot of money into that Canadian Oil Sands trust. Month after month the syncrude project increases production and cut down on costs--and they pass profits along to stockholders.

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