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To: GST who wrote (108039)	9/6/2000 11:07:08 PM
From: Sarmad Y. Hermiz	Read Replies (1) \| Respond to of 164684

>> . No, the oil price is about to trump the Fed entirely and there is no way the Fed can cut rates fast enough to offset this debacle in the oil market. << GST, when you have time, I would like to know how oil prices can go from 30 year lows to 30 year high. I don't mean this in a challenging way or as related to stock market. I'm just curious and want to understand. Did demand suddenly jump ? Is it just a tiny increase in demand that upset the balance ? And why did oil seem in such a glut two years ago ? Did the Asians drop their demand so much then ? I just can't figure out how something as predictable and slow changing and so visible as oil production can gyrate like this. It seems you're very busy. I guess that must be good. Good luck Sarmad