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To: BigBull who wrote (36285)	1/29/1999 8:09:00 PM
From: BigBull	Respond to of 95453

All: Anadarko's Allison is BULLISH on oil prices - biz.yahoo.com

To: BigBull who wrote (36285)	1/30/1999 10:19:00 AM
From: Platter	Read Replies (1) \| Respond to of 95453

BigBull, Yuh know the strange thing to me is that when I was completing my MBA at University(1993) , In almost every lecture those "Professors" would talk up Asia and South Korea etc...as the ideal model....They said those economies were doing so well etc. and their methods should be studied and followed.....Oh my..Thank goodness The US didn't follow them...their system, including the Japanese are built upon low currency and a shaky financial system and mismanagement...which was responsible for their collapse. Anyway, On the GDP, if the economy can do this well in spite of all this adversity for the past 2 years...then what will happen when ASIA and Latin Am. begins to turn around....This will definitely impact oil prices positively.

To: BigBull who wrote (36285)	1/31/1999 8:41:00 PM
From: Pete Young	Read Replies (1) \| Respond to of 95453

I wonder what stimulative effect the current low prices of oil have had on the economy? Since oil underpins almost everything we do, it must be much like lowering the cost of money. Oil is now going for $12/b. In the spring of 1986, certain loads of Saudi oil were going for $6/b. I wonder what the inflation corrected price of oil ('86 dollars) is? Remember 1987, as it pertained to stock prices? The Internuts are 'way high...what if the price of oil was to turn around hard??? It also took a war in the ME in order to launch the price of oil (1990), and it didn't stay high...deflated with everything else. Don't want to poop on the party, but I'm just wondering what it is that will turn the price of oil around, now that we have Russia, a bigger producer of oil than Saudi Arabia desperate for cash. Not saying that the price won't turn around, and if history is a guide, turn around fast and hard, but what's the stimulus? War in the ME? The Arab/Persians aren't as nationalistic now as they were in the 70's. Maybe a fundementalist uprising in Saudi Arabia? The ingredients are there. Pete