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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: mishedlo who wrote (16448)	7/11/2004 1:59:58 AM
From: Elroy Jetson	Respond to of 110194

I'm quite certain any temporary disruption of refinery output would have a big psychological impact. Capacity is very tight currently. It reminds me of a very Los Angeles scene I saw today. A man, age 65 perhaps, was pushing his new Rolls Royce down a very busy La Cienega Blvd - backing up traffic for blocks. Suffering an apparent malfunction or empty gas tank, this gentleman was not inclined to call for or pay a tow truck to aid his $220,000 automobile. You may draw your own conclusions as I can't shed any light on his motivations. An America without sufficient oil, even for a short period, would suffer terrible disruptions.