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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: elmatador who wrote (9125)	9/9/2006 7:30:43 PM
From: Rolla Coasta	Respond to of 219819

I am happy to see the price of cruel oil coming down. But I take your story as contrarian. OPEC still has majority control of the oil price. Iraq is in vaccum. Iran can dominate the Mideast and further strengthen the power in the region if the Islamic state can control Iraqi oilfields. US/Israel will not let that to happen. Again, the previous wars in the mideast did NOT solve anything, other than toppling cartel regime. In fact, the problem in the region gets bigger & bigger. Lots of concern & phobic behavior will actually prevent the oil price from falling to the past year's level. Watch out above!