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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Haim R. Branisteanu who wrote (18212)12/9/2004 4:57:13 PM
From: mishedlo  Read Replies (2) | Respond to of 116555
 
US EIA sees oil at 25 usd/barrel in 2010, 30.31 in 2025 at constant dollar
[gee how nice of them to price it to the penny for the year 2025 - mish]

Thursday, December 9, 2004 6:49:40 PM
afxpress.com

WASHINGTON (AFX) - The average price of a barrel of oil is expected to ease gradually to 25 usd per barrel in 2010 from 35 usd now, in 2003 constant dollar terms, as new supplies come onto the market, the US Energy Information Agency said

By 2025, however, the oil price will have climbed again to 30.31 usd per barrel, it said. The 2025 forecast was 3 usd per barrel higher than the one the EIA made at the end of last year. The forecast assumes OPEC will continue to boost production, enough resources are available, and there is capital to fund the development of production.

Oil demand will grow to 120 mln barrels per day in 2025 from 80 mln in 2003, it said



To: Haim R. Branisteanu who wrote (18212)12/10/2004 4:18:52 AM
From: zonder  Read Replies (1) | Respond to of 116555
 
Monaco is not France, you dummy. This is perhaps THE hardest place on earth to obtain residency, since it is only 1.9 km2 and a tax haven. You think any Algerian immigrant can start living here? You can't even open a bank account under EUR 150,000 and a studio apartment of 20 m2 rents for over EUR 1,000.

"10% extremist Arabs"??? I look around me and all I see is blond women in high heels and tanned European men in their Porsches and Ferraris. The only Arabs I see here are the couple of Saudi princes who come here in the summer and spend a night at Jimmy'z popping bottles of Crystal.

Your ignorance is beyond belief, but what is even more sad is your insistence on talking about subjects you know nothing about.

For the sake of whatever family you may have, I wish you would stop making a fool of yourself...