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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: JR. who wrote (50162)	3/7/2000 10:14:00 PM
From: William Harvey	Respond to of 116833

I made sure to fill up my tank today and by the time I needed to go anywhere, the price of oil was up another dollar. What people may not realize is that $42/barrel oil from 1990, translates into $80/barrel in y2k dollars. Why does anyone think OPEC is motivated to keep the price down, anyhow? With the Nigerian strike going on, maybe it's time OPEC earmarks a little something to ensure the laborers keep working. Should laborers stumble, other OPEC nations will pick up the unfilled quota, no question about that. The Venezuelan government calls the oil unions corrupt but still won't account for a dozen or so citizens who disappeared into police custody during the floods. I'm guessing Venezuelan oil will strike once their union officials are elected. This is oil's chance to be the world's currency. At least gold doesn't disappear.