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

To: Raymond Duray who wrote (33744)	5/15/2003 1:43:32 AM
From: Cogito Ergo Sum	Read Replies (1) \| Respond to of 74559

Yeah it sounds so simple eh! Let's see 15$ oil = destabilize Saudi Arabia ... A plan maybe. I dunno I'm in real low in about half of my energy trusts and the other half I'm prepared to let go. 15$ oil ? possible but I don't think so, 20$ I think is likely. The NG picture is different though. If Iraq is not part of OPEC ... it keeps being said as if it's a given.. What if the Shia majority get their democratically elected government of the faithful ? What if they WANT to join ? The real wild card I see is reduced demand from China due to SARS etc... Other side of my trade ?? Yeah well I read that thread and even post there at times. Hmm! lower green back... lower absolute oil price... Do you see a recipe for real unrest in the ME ? or will Bush just annex North Africa to Iran ? What do Canucks know about the O&G bidniz anyway ;o) Oil price didn't kill the US economy did it ? It's all very cloudy out there but I'm betting against 15$ for now or at least staying there for a meaningful period. I'm just makin' like LED ZEP here and Ramblin' On.. regards Kastel CCC