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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: Elroy Jetson who wrote (65602)5/17/2007 2:30:48 PM
From: patron_anejo_por_favor  Read Replies (1) of 116555
 
>>Real inflation-adjusted gasoline prices will be falling greatly once the Fiasco in Iraq is over.<<

Yes, I for one will be greatly relieved when the good news comes, in 2060.....<G>

Define "end of the Fiasco in Iraq", if you please. Will leaving this disaster for the Sunnis and Shiites result in more crude making it's way out? I for one doubt that happens to any significant degree for another 10 years or more....meanwhile Venezuela and Cantarell are depleting faster than anyone thought possible. Once Ghawar rolls over, it's game, set and match to the Peaksters.
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