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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: Crimson Ghost who wrote (14804)6/2/2004 2:17:49 PM
From: russwinter  Read Replies (1) of 110194
 
This constant drumbeat about oil, gasoline, and OPEC is MoP designed to draw attention away from other equally important aspects of the Train Wreck: specifically food, metals, and the other generally ignored sub-energy groups, nat gas and coal. The real energy problem will be when electric generation rips through huge amounts of both coal and nat gas over the next few weeks as we head into summer.
Message 20186636
This will be a crisis situation, that will just pile on everything else. OPEC sending us an extra few hundred thousands barrels of oil a day will do little to cure it. It's really the wrong focus.
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