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Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?

To: parcival who wrote (65074)	4/20/2000 3:44:00 PM
From: Think4Yourself	Read Replies (2) \| Respond to of 95453

Thanks for the sell signal on BSNX!

To: parcival who wrote (65074)	4/20/2000 3:44:00 PM
From: kormac	Respond to of 95453

Foreign Affairs has on article titled. SAUDI ARABIA OVER A BARREL Oil prices have skyrocketed, making headlines and worrying consumers. University of Vermont Persian Gulf expert F. Gregory Gause III reveals that a key reason for the shortage is the behavior of one of America's closest allies: Saudi Arabia. The world's largest oil exporter was the driving force behind the deal that turned off the spigots. As Gause explains, Riyadh is risking a crisis with Washington because the once-flush kingdom has gone broke sustaining a vast welfare state for an exploding population. America must push the Saudis toward privatization and fiscal reform. "If the U.S. economy stalls, the new Saudi oil policy could create a crisis between Riyadh and Washington reminiscent of the 1970s." "Although Saudi leaders have in recent years talked the talk of privatization and economic reform, they have not yet walked the walk." -------- Sorry that the full article is not available online, but what you find above is the summary. Seppo