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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: TobagoJack who wrote (67273)	8/12/2005 1:55:39 AM
From: Taikun	Read Replies (1) of 74559

<oil ought to be more dear> Agreed, but it should be more dear for those countries that waste it by allowing a proliferation of gas guzzling vehicles in the name of consumer choice all the while not charging those consumers for the cost of waging wars to control oil. Just as the US shut out China's CNOOC in the name of 'national security' American firms will now hear that excuse when they want to get a lease in some country where anti-American sentiment is increases. And, on that note, I see the WTO has ruled in favor of Canada and against the US on the US's punitive tariffs on Canadian softwood lumber exports. The US isn't refunding the ill-gotten $5bn either. They might have to if Cheney wants the oil sands though. theglobeandmail.com But the United States said the extraordinary challenge committee ruling was inconsequential and that it had no intention of scrapping the duty on Canadian softwood that can exceed 20 per cent or refunding the $5-billion in levies collected over the past few years.

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