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Strategies & Market Trends : Technology Stocks & Market Talk With Don Wolanchuk -- Ignore unavailable to you. Want to Upgrade?

To: dvdw© who wrote (19855)	4/30/2005 12:56:41 PM
From: catflu2™	Respond to of 206966

i don't trade it (oil). just a thought that's all.

To: dvdw© who wrote (19855)	5/1/2005 12:41:01 PM
From: robert b furman	Read Replies (1) \| Respond to of 206966

Hi dvdw, Recent trivia buried in political/religious article coming out of Iraq is they will be exporting 2,000,000 barrels a day vs current 1,400,000 now by September. September also happens to be when the SPR is expected to be topped of by the "like kind" oil royalties that goes to the government from Gulf of Mexico drilling leases. As we sit at 4 year high of gas and three year highs of crude,we will be buried in crude by this next winters heating needs. Resource cycles of all types are multi year cyles - longer by definition and nature. As prices rise - conservation is the natural result.This directly contrasts with supply of anything as the underlying resources price rises. It is this fundamental truth of supply and demand that we all anticipate in this wonderful game of stocks we play in. As with anything ,before price can go up, there must be a shortage. I wish you god's speed in your accumulation.<smile> Bob