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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Road Walker who wrote (371329)	2/19/2008 12:25:59 PM
From: tejek	Read Replies (1) \| Respond to of 1576923

An explosion at a 70,000-barrel-a-day refinery in Texas may have also boosted prices, but the primary worry is that the Organization of Petroleum Exporting Countries may reduce output next month to support prices in a $85 to $100 a barrel range, said Tetsu Emori, commodity markets fund manager at ASTMAX Futures Co. in Tokyo. The above is the real reason oil prices spiked. Oil will make another attempt at $100...........given the season, its not likely to break through but you never know. Nat. gas is starting to spike as well.....for nearly two years, nat. gas storage was above normal levels. That has changed in the last couple months with the cold winter.......hence, the spike. GLD popped up on an upgrade of X to a buy by UBS. Interesting......steel is upgraded as we go into a recession. I don't think so.