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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?

To: buckbldr who wrote (41346)	4/4/2005 11:44:27 AM
From: CommanderCricket	Read Replies (3) \| Respond to of 206110

buck, que, I would like a reasoned bearish case other than something from the Rotary Club. The cure for high energy prices is high prices but at what point? After driving around Chicago this weekend it's clear $2.25 gasoline is not enough. The wall of worry and the press's disbelief of the current situation is comforting - it's a bubble, it's bubble and the speculators are ruining the party! KCS back over $16, PCZ near record highs and anyone who played EGY off it's lows last week made some significant money! PQUE was another nice bounce play. Michael

To: buckbldr who wrote (41346)	4/4/2005 11:59:41 AM
From: Tommaso	Read Replies (1) \| Respond to of 206110

I just wonder how Slider can imagine that the price of oil is "manipulated." To say that implies that someone is in control. As best I can tell, not even OPEC is really in control of anything. There are constantly fluctating supplies and demand all over the world. While I am not about to jump on the Goldman Sachs bandwagon, it does seem to me that the question about $100 crude oil is not whether, but when. I cannot live my own life without a few gallons of gasoline a week, and I would certainly pay $5.00 a gallon to make the necessary trips. And I suspect there are a billion Chinese who would pay the same amount in order to be able to drive 25 miles a week, once they get the cars.