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Strategies & Market Trends : John Pitera's Market Laboratory
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To: John Pitera who wrote (9336)5/7/2008 1:20:33 AM
From: The Ox  Read Replies (2) of 33421
 
I had a feeling my post would cause an initial reaction like yours, JP. I was hesitant to even write the prior post so I tried to 'walk the fine line' in an area that almost always inflames passions.

I agree that there is no cabal run by the WH who's sole aim is to control the energy industry. However, this administration's policies have had such a narrow minded slant that the energy industry has been one of the few major beneficiary from their actions (I should add that just about all commodities have benefitted from the WH's policies or lack thereof).

It is time (and it would be nice) to see the US adopt a more comprehensive, long term strategy with respect to all available energy sources. I believe that time is upon us, as the increases in costs to consumer will create an environment where the 800 LB gorilla can no longer be ignored.
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