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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 375.93-1.8%Nov 14 4:00 PM EST

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To: koan who wrote (40163)10/14/2008 4:27:56 AM
From: Snowshoe  Read Replies (2) of 217798
 
>>we are making so much money from these high oil prices none of it matters<<

Sorry Koan,

Just like Klaser does with Elmat occasionally, I have to throw some cold water on your excitement. The Alaska Permanent Fund market value dropped from $34.2 billion on September 18 to $29.6 billion on October 9. Oil production on state leases is declining, and the price of oil is falling...

Permanent Fund, oil income stung by financial quagmire
STATE NOT PANICKING: Global meltdown has cost Alaska billions, but we're in relatively sound shape.
adn.com
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