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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: Moominoid who wrote (30839)	4/5/2003 10:50:44 PM
From: TobagoJack	Read Replies (3) \| Respond to of 74559

David, Besides, too cheap a price for oil does no good for the world either, given the inevitable mis-allocation of faith and mis-appropriation of resources that would invariably result from manipulated oil price. Chugs, Jay

To: Moominoid who wrote (30839)	4/6/2003 2:01:29 PM
From: smolejv@gmx.net	Read Replies (2) \| Respond to of 74559

Will the new constellation down the road - Iraqi nation has no more Saddam, no more WMDs and oil production at full throttle - give US (and us) a 15$, 12$, 10$ (or a single digit) oil price? a) who said oil goes down that far (I did, but I would not know...) b) Can one talk about oil market at all in such circumstances? c) Can cheap oil (after booms and busts in Iraq...) lead us into the recovery ? d) Can Saudi Arabia survive under these circumstances and in what way or form - what are the scenarios? DJ