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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Frederick Langford who wrote (18905)	9/16/2001 7:17:10 PM
From: Jack T. Pearson	Respond to of 52237

Dependence on the OPEC nations has already damaged our foreign policy. Our dependence on OPEC for a very considerable part of our oil isn't going to change. No one who knows the facts about energy resources will dispute that. Our foreign policy has to accommodate that fact.

To: Frederick Langford who wrote (18905)	9/16/2001 7:23:11 PM
From: Elroy Jetson	Respond to of 52237

Alternate energy is more than reliable, its just more expensive. If oil costs $65 per barrel, either through scarcity or tax, then most forms of alternate energy is economic. Realize too that tripling the price of oil from $22 to $65 would increase gasoline prices much less proportionally as crude oil is only one of the costs of producing gasoline. The other costs of refining and distribution would not rise.