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Politics : Formerly About Advanced Micro Devices

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To: Road Walker who wrote (392648)6/19/2008 4:56:39 PM
From: Tenchusatsu  Read Replies (1) of 1579702
 
JF, > But presumably the oil execs are more sophisticated.

I've seen high-tech execs make boneheaded decisions. And the high-tech industry is supposedly one of the most sophisticated in the world.

Anyway, I'm skeptical that oil prices will reach $200/barrel soon. But I'm also pretty sure that it won't go below $50/barrel. That by itself ought to drive more oil exploration. Sure, there's a chance I'm wrong, but when has investment not entailed a certain amount of risk?

Tenchusatsu
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