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Gold/Mining/Energy : PEAK OIL - The New Y2K or The Beginning of the Real End? -- Ignore unavailable to you. Want to Upgrade?

To: Jurgis Bekepuris who wrote (409)	4/22/2005 4:39:17 PM
From: Raymond Duray	Read Replies (1) \| Respond to of 1183

Re: You are arguing that Peak Oil is real and then you tell that the high prices are due to speculators and will fall in 2006? As J.P. Morgan famously said, "markets will fluctuate". The physical supply of crude oil and its price are not the same thing. Calling my observations of history to be a "conspiracy theory" does little to increase my estimation of your logical abilities. Rather than calling the situation a conspiracy, I prefer to understand it in terms of the dynamics of the interaction of market fundamentals, disinformation and basic greed. Re: People talk about possible shock at the gas stations if there is a supply disruption or oil hoarding around the world. This is the situation when strategic reserves should be used, If you'll review the enabling legislation for the SPR, you'll find that it has more to do with military preparedness and less to do with accomodating of Joe and Jenny Six Pack's trip to the mall.

To: Jurgis Bekepuris who wrote (409)	4/22/2005 10:05:46 PM
From: kryptonic6	Respond to of 1183

"[at a certain point,] the term conspiracy-theory becomes just an excuse not to do your homework." --Barrie Zwicker oilempire.us -------------------------------------------- ABC News: US Military Wanted to Provoke War With Cuba Book: U.S. Military Drafted Plans to Terrorize U.S. Cities to Provoke War With Cuba By David Ruppe ABC News N E W Y O R K, May 1, 2001 In the early 1960s, America's top military leaders reportedly drafted plans to kill innocent people and commit acts of terrorism in U.S. cities to create public support for a war against Cuba. Code named Operation Northwoods, the plans reportedly included the possible assassination of Cuban émigrés, sinking boats of Cuban refugees on the high seas, hijacking planes, blowing up a U.S. ship, and even orchestrating violent terrorism in U.S. cities. abcnews.go.com Original document at the George Washington University website: gwu.edu It's a good thing such crazy "conspiracy theories" are confined to history, and could never happen in the present. Jesse