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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: TobagoJack who wrote (65291)6/21/2005 9:15:19 AM
From: elmatador  Read Replies (1) | Respond to of 74559
 
I don't yet what would be better. High oil prices or low pil prices;

High oil prices:

High oil prices would force a quicker move to ethanol

But prevent regime change in the region

Low oil prices:

Lower oil prices, (say USD20) will delay ethanol.

Regime change in the region will happen faster

The good thing for ethanol is that lower oil prices will make the oil resources get scarcer and high prices will come back again.