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Strategies & Market Trends : Natural Resource Stocks -- Ignore unavailable to you. Want to Upgrade?

To: SliderOnTheBlack who wrote (23405)	4/5/2005 8:18:25 PM
From: Mac	Respond to of 108698

I think if the US government had the power to keep oil prices low they would have done it last year. They can set policy for consumption within the nation, but shorting the market with limited surplus is also a risky game. China would love to fill the tanks at a cheap price. The problem exists in that we have nearly hit PEAK OIL. Any disruption in oil production could cost them dearly. There are factions that would love to bring down the US with the price of oil & could trigger disruption if they knew the US was vulnerable in a short position.