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

To: Condor who wrote (54836)	10/25/2004 6:11:44 PM
From: Snowshoe	Read Replies (1) \| Respond to of 74559

The tar sands are a tar baby! Why be stuck owning a dirty, messy, carbon-spewing industrial nightmare that will have to be abandoned and shut in if/when global warming gets worse? You naughty Canucks are trying to pull a massive Vancouver-style resource investment scam on the poor innocent Chinese! <g>

To: Condor who wrote (54836)	10/25/2004 9:41:13 PM
From: Maurice Winn	Respond to of 74559

<The western world is not enamoured with the oil rich ME, but those countries get $ 55/bbl. > At 10 million barrels a day, Saudi Arabia rakes in $1 billion every two days. $180 billion a year. That's real money. Say there are 20 million people, that's $9,000 per person, which is a LOT of import income. They could afford to fund a LOT of Islamic Jihad. I wonder what Saudi Arabians like to buy. Defence equipment I suppose, because a LOT of very poor Iraqis and Egyptians and others might be inclined to share in the wealth. Saddam seemed to think it would be a good idea, as far as Kuwait and Iran were concerned anyway. Mqurice