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Gold/Mining/Energy : THE OIL SANDS -- Ignore unavailable to you. Want to Upgrade?

To: james flannigan who wrote (227)	4/13/2010 3:11:08 PM
From: Fishfinder	Read Replies (1) \| Respond to of 257

Two things about this. 1-After spending Half of my time in mexico over the past 6 years I would think that the loss of 40% of Mexicos govt funds will be devastating to its people. Even in todays Mexico, the old end up spending there last days in a dark room in the back of a hut sweating it out with no health care, no drugs to ease the pain of cancers, nothing. Infrastructure there is already a shamble. There is going to be BIG Social problems as this lack of money becomes evident to the peoples. The loss of Carratell will be devastating. 2- $200 oil I doubt. The price of this new tough oil will be dictated by the economy. The order of the worlds economy depends on the price of oil. My bet is, we get a big eye opening hefty price hike fairly soon with price controls to follow. scot