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To: Victor Lazlo who wrote (141660)4/17/2002 11:54:42 PM
From: H James Morris  Respond to of 164684
 
>>HJ, do you know the real two reasons why we need/want their oil so badly? <<
Well, in California one of the reasons is to fuel their gas guzzling 4 wheel drive suv's.



To: Victor Lazlo who wrote (141660)4/18/2002 1:21:28 AM
From: Victor Lazlo  Respond to of 164684
 
<<HJ, do you know the real two reasons why we need/want their oil so badly? And if not, don't feel badly; 99.8 % of americans do not know the two simple answers. >>

Well, allow me to illustrate.....

ME oil is the cheapest in the world. And it is also the easist to refine. Always check with refiners before jumping to conclusions re the weekly Tues afternoon petro report. They can shut down on a dime if they do not like prices. And jack up prices on that same dime.

And these are among the reasons i continue to hold big postions in energy sevices stocks since Feb., 1999, as the archives here show. LOL!

Victor