Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: elmatador who wrote (47700)	3/24/2004 2:27:24 PM
From: twmoore	Read Replies (1) of 74559

Anyone here besides me that thinks that we are being lied to about oil? It wasn't too long ago that OPEC said that they wanted to maintain the price at $30.00/barrel.Winter is over in a lot of countries and Iraq is pumping 200,000/barrels/day,so there are 2 factors that should bring it down. My wildest guess is that Saudi Arabia (OPEC) and Venezuela (OPEC)both of which are upset with USA over Iraq,are trying to slow the USA economy so that Bush does not get re-elected.

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