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To: dsindakota who wrote (77782)	11/3/2000 12:54:45 AM
From: Roebear	Read Replies (1) \| Respond to of 95453

dsindakota, An excellent commentary, a good catch. A long time ago on this thread I mentioned that the hegemony of the US in the Persian Gulf was in jeopardy. This excerpt from that commentary (the news it refers to was widely reported in foreign media, like BBC, was it here in US?) shows the weakening of that influence and the Catch 22 the US finds itself in now: He’ll do all he can to bring closer ties with other Arab nations and cause trouble. I believe he’d love a confrontation with the US further cementing relationships with his neighbors and gaining him sympathy. With tensions raw already because of fighting between the Israelis and Palestinians, I can imagine how it would look if the US got involved militarily. Yuck. And it appears he is bringing the Arab nations closer to him as many were in attendance for the Iraqi Trade Fair held just recently. In all, 14 Senior Officials from Arab nations attended including the Prime Minister from Jordan. He wants those sanctions lifted. And I believe it’s just a matter of time before he pulls his oil off the market and that’s his most powerful weapon of all. Never a dull moment with this guy and The Energy Report will keep you up to the minute. Hence I'm getting back into energy starting with my entry into TESOF yesterday and I will slowly add prospects on any dips. My forecast for a colder winter than the last few years is also a reason, the delay of its advent along with any OSX dips are a gift. My only caution is the Asian markets. A postelection continued drop in the dollar (a guess which I am comfortable with, as the experts are calling for the opposite) may give the Asian markets/currencies/investment flows some relief and it certainly won't hurt my gold stock either. It might not all turn out perfectly, but at this point at least, I am beginning to change my opinion of the future of the OSX. In comparing our current situation to 98, it may be that I and others here may have fallen prey to the General's Temptation: Fighting the previous war instead of the current one. Just some late night ramblings... Best Regards, Roebear