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Politics : View from the Center and Left

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To: Bearcatbob who wrote (70573)6/3/2008 11:53:44 PM
From: Cogito  Read Replies (2) of 542653
 
Bob -

I was going to add emphasis to the paragraph I quoted in order to make it clear which part I thought was important, but I decided it would be obvious. Apparently not. Of the two sentences I quoted from that article, this was the one I considered to be the more important:

"With global stock markets still weak compared with the robust gains of the past few years, many investors see better potential for gains in the oil market."

You know, it's within the realm of possibility that Don Coxe is wrong. I realize it's heresy to suggest that, but I've never been afraid of damnation, so there you go.

Supplies of oil are equal to demand. There is no great imbalance that would explain the doubling of crude prices in one year.

- Allen
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