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Politics : Rat's Nest - Chronicles of Collapse -- Ignore unavailable to you. Want to Upgrade?

To: Mannie who wrote (541)6/24/2005 1:09:15 PM
From: SiouxPal  Read Replies (1) | Respond to of 24214
 
T. Boone Pickens was correct all along on oil prices.
I personally think we'll see $80 before we see $50.



To: Mannie who wrote (541)6/24/2005 1:15:40 PM
From: manalagi  Read Replies (3) | Respond to of 24214
 
Nope, there won't be any world wide economic collapse even if oil hits $ 100/b. They have been predicting problems, inflation etc if oil hits $ 40, or $ 60. Has not happened. Greenspan is at a loss why long term interest rates remain so low. He will have a pause in increasing short term rates. Greenspan should resign.

Remember that gas prices in Europe are about 3 times what we are paying in the US.


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