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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: Jon Koplik who wrote (7843)	5/13/2007 4:03:59 PM
From: nspolar	Read Replies (2) \| Respond to of 33421

Jon, from your favorite EW analyst. I thought it was a bit interesting. Consider what would happen if new technology made crude somewhat irrelevant? What would you do if you sensed this, and you were a country such as Saudi, sitting on billions of barrels of crude? I think you would pump it as hard as you could. Imo it will someday happen. Probably not in my lifetime.