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Strategies & Market Trends : Asia Forum
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To: Sam who wrote (8216)3/6/1999 11:46:00 AM
From: Ron Bower  Read Replies (4) of 9980
 
Oil prices.

A while back I asked Lawrence what would happen if we suddenly had higher oil prices?

I well remember what happend in 1979 and see no reason it can't happen again. All it takes is one OPEC meeting. Think any of the other world's oil producers would object to higher prices?

Oil - gas, plastics, transportation, the list goes on and on. The one item that can cause more inflation than any other and it's price can be controlled by a small group of Arabs.

FWIW,
Ron
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