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Strategies & Market Trends : Rande Is . . . HOME

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To: PJr who wrote (57391)	3/10/2006 10:37:18 PM
From: SteveinTX	of 57584

To make it simple, assume the US could, all of sudden, produce enough cheap fuel (probably bio diesel) to internally satisfy all domestic transportation needs. What would happen? As you stated, our interest in the mideast might revert to zero over night. Also, the worldwide price of oil would plummet, to what level I don't know, but assume it would be quite low. The biggest winner in that scenario? In my opinion, China. China is patiently putting the infrastructure pieces in place to create a super economic and military power Unlimited cheap oil would simply help them to do it faster. Who knows where that would lead, in terms of US interests.

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