Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: elmatador who wrote (73971)	8/31/2010 3:09:43 PM
From: Maurice Winn	1 Recommendation Read Replies (2) of 74559

That gas field has potential to cause conflict. I described ant wars in Spain once and this is the same situation. With such a big piece of cheese, they will fight for it. No doubt the Lebanese will do the usual thing and make absurd claims about what is rightfully "theirs". At this stage, I have no idea who should rightfully own it. But it suggests Peak Oil is not imminent. There is still a lot of the stuff in the ground waiting to be excavated. Mqurice

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