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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: James Strauss who wrote (54478)	6/17/2000 2:49:00 PM
From: Haim R. Branisteanu	Read Replies (2) \| Respond to of 99985

James, the current rise in oil prices is due to excessive demand and not OPEC. OPEC has very few resources to increase production. Only S.A., Kuwait and Iraq. Due to the misplaced US policy and their bullying of Europe to keep oil prices down and the Democrats in power we arrived at this dare situation. A more than usual summer does not help energy prices as most Americans are using their SUV and airconditioning equipment to the MAX!! Be wasteful then pay the price. Belive me I am the last to be happy about this situation but point the finger to YOUR Administration. Haim