SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Cisco Systems, Inc. (CSCO) -- Ignore unavailable to you. Want to Upgrade?


To: RetiredNow who wrote (65519)5/15/2004 11:38:56 AM
From: Lizzie Tudor  Respond to of 77400
 
On one page there was a full page ad showing maps of the Middle East taken out of 5th grade textbooks printed in Syria, Lebanon, Saudi Arabia, and a couple of other Middle East countries. In every case, the area where Israel should have been located, was labeled Palestine.

It was the same way with Kuwait and Iraq. Winston Churchill used to say these artificial borders created after WWI and WWII would never hold but then what is the alternative? I agree with you about alternative fuels and in my view we aren't too far from independence from Opec anyway. Fortunately the USA doesn't depend on OPEC as much as other nations, but anyway we have working prototypes for a variety of alternative fuel technologies now so this is one step ahead of the game, plus there is still Anwar and technology could probably be applied to get oil out of there also without hurting the environment. There is some guy up in Petaluma who is running an entire farm with a generator that runs on manure.



To: RetiredNow who wrote (65519)5/15/2004 11:39:36 AM
From: TigerPaw  Read Replies (1) | Respond to of 77400
 
that recent increases in the price of oil could presage a new, and higher, average price of oil over the long term.

Certainly when priced in US Dollars.
The value of the dollar relative to actual commodities has plummeted in recent years. The impact on the US economy will be proportionally more pronounced than the impact on Europe and Japan.

TP