Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: Real Man who wrote (68498)	2/3/2004 5:07:10 PM
From: mishedlo	Read Replies (1) of 94695

There is plenty of oil left. Oil shale, oil from coal, tar sands etc etc etc. It takes oil above $25 or so to make it worthwhile to produce. No one wants to make that investment given that everyone thinks oil is coming down. Personally, I think we should subsidize these providers and once they are up and running in sufficient quantity to meet North American needs, then we put an import tax on equal to the difference between oil shale cost and opec oil. That will guarantee a stable price for another hundred years. F the Mid-East at that point. We will not need them M

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