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

To: elmatador who wrote (52349)	8/17/2004 10:06:47 AM
From: TobagoJack	Read Replies (3) \| Respond to of 74559

Elmat, I am helping the bullish oil prices to rise further. Today I took delivery of my Lexus SUV, a fine piece of machinery that can gobble up dinosaurs at perhaps 15 miles to the gallon. The beast feels powerful, is of fine workmanship by the folks whose cuisine I adore, and is perfect for the weekly journey to the supermarket :0) Since I am typically a bad market timer, perhaps now oil will rise to USD 100/barrel, and satisfy my curiosity for what the market valuation of Canadian Oil Sand would be should oil hit USD 100/barrel :0) Jay

To: elmatador who wrote (52349)	8/17/2004 10:17:09 AM
From: Joe S Pack	Respond to of 74559

You guys are omitting another important factor: Haliburton (or a similar entity) has been given a blank checque worth several billion $s, before the War began, to put out all potential oil well fires. What will they do without such work? It is due to this vulnerability plus the money to be gained that 'accidents' are occurring quite frequently sending and keeping it up the price of oil. Iraq is an accident waiting to happen. There is a lot of people to be pacified in order to loot Iraq's oil. This costs money. Then it needs to be added the costs of dealing with the internal conflicts that will happen among all the US front men in charge of the government, this is the maintenance of the peace n there.