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Gold/Mining/Energy : Oil Sands and Related Stocks -- Ignore unavailable to you. Want to Upgrade?


To: Mac who wrote (7324)3/2/2006 12:12:13 AM
From: Cogito Ergo Sum  Respond to of 25575
 
Mac, irrespective of Iran, (I agree on Iran in the short term BTW) oil is in the process of being repriced.. there is a battle on for USD hegemony... I also tend to think that many folks will be surprised as LNG makes more inroads... it won't drive the NG price down LT, but rather make NG behave more like oil... no longer subject to local economies' requirements.. Putin fired the first warning shots on that front this winter..

Only a major global recession can ruin our bets IMO..

Al