Rat dog micro-cap picks--now moderated Message Board

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Microcap & Penny Stocks : Rat dog micro-cap picks--now moderated

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To: xcr600 who wrote (806)	5/7/2004 9:46:09 AM
From: Bucky Katt	Read Replies (2) of 1338

A must read on crude oil, black gold, Texas T>> The Yanbu attack did not actually cause any damage to the pipeline or the Yanbu port. It merely sent a message. Saudi Arabia's oil is devastatingly vulnerable to strategic attack. The kingdom exports most of its oil through two main terminals, Ras Tanura and Al Jubayl on the Persian Gulf side of the kingdom. A major attack on one of the terminals could cripple global oil markets for months, sending the world into an economic depression more devastating than that of the 1930s. As The Wall Street Journal reported Wednesday, an attack that causes Saudi output to drop just 2.5 million barrels per day would raise the price of oil to $100 per barrel. Osama bin Laden himself has explained that Al Qaida seeks to destroy the US by destroying the oil economy. jpost.com

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