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To: GST who wrote (129130)	7/26/2001 11:02:08 AM
From: H James Morris	Read Replies (1) \| Respond to of 164684

>Oil is going to move up again Yeah, and Bush is upset about it but what can he do? OPEC is messing with our struggling economy. That's what a cartel can do. Btw Profit news pushes up Peregrine stock 20% uniontrib.com

To: GST who wrote (129130)	7/27/2001 2:23:33 AM
From: craig crawford	Read Replies (1) \| Respond to of 164684

>> Oil is going to move up again -- << gst, i don't know if you have been keeping up with things around here, but i have been saying exactly the same thing. >> and oil is more important than interest rates. << obviously. although interest rates are still extremely important right now. perhaps more so than you would think. after all, what do we have to hear about from cnbc all day long? what is propping up the economy? the housing and refi market. higher rates will put a damper on refinancing and also put a strain on consumer borrowing, which is needed to bail out our economy.