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Politics : Don't Blame Me, I Voted For Kerry -- Ignore unavailable to you. Want to Upgrade?


To: Kenneth E. Phillipps who wrote (50352)9/27/2004 7:24:26 PM
From: bentwayRespond to of 81568
 
I posted some articles this morning on the PGWB thread where OPEC claims they can't control prices, and one trader speculates that oil could be at $61 a barrel by next week. According to the articles, every producer is maxed out. A terrorist attack on a big oil facility would nail us right now. I'm beginning to think the NEXT big terrorist attack won't be a spectacular attack on a civilian target, designed to harm psychologically, but a devastaing attack on world oil production, that will truly harm the entire global economy.
And it WON'T come from Iraq.



To: Kenneth E. Phillipps who wrote (50352)9/27/2004 7:37:37 PM
From: MephistoRead Replies (1) | Respond to of 81568
 
I've heard some Europeans pay over $5.00 a gallon,
and the price doesn't bother them a great deal.