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To: Tom Kearney who wrote (20774)	5/12/2004 12:38:11 PM
From: Lizzie Tudor	Respond to of 57684

I think $50/barrel is likely but that would drive us back into recession I would think. And this recovery is wobbly.

To: Tom Kearney who wrote (20774)	5/12/2004 12:43:08 PM
From: Bill Harmond	Read Replies (2) \| Respond to of 57684

>>Does anyone see a scenario where oil DOESN'T go to at least $50/bbl? Futures speculators get nailed. Last time I looked a couple years back new oil costs $6 per barrel to find and produce. What ever happened with that huge Caspian Sea find in Russia? members.tripod.com

To: Tom Kearney who wrote (20774)	9/27/2004 8:37:50 PM
From: Tom Kearney	Respond to of 57684

Good call. Did you think it would take this long, though? (No)