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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?


To: Jim Willie CB who wrote (49735)4/8/2002 11:38:05 AM
From: Wharf Rat  Read Replies (1) | Respond to of 65232
 
Lots of different scenarios here. Iraq stated today they will have a 30 day boycott. If only against US and Israel, no problem; re-distribution of supply at any increased cost, but no big deal, even if Iran joins.
If a few more countries join, and they issue a threat to boycott any country or company sending oil to us, it could be a problem. Even if nobody joins them, an act of sabotage, anywhere along the line, would be just as disrupting. Shoot, if an American refinery has problems, like a fire, gas prices go up 'cuz refinery capacity is limited.

You know those new anti-drug ads, telling me that if I buy homegrown pot from one of my friends, I am supporting terrorists? You don't suppose one day we will see an ad saying that if you drive an SUV, you are supporting terrorists? I should live so long.

Rat