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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Knighty Tin who wrote (52499)	3/18/1999 1:50:00 PM
From: Tommaso	Read Replies (1) \| Respond to of 132070

Meantime, I guess we can enjoy this new "era of good feeling," with cheap gas, cheap food, cheap clothing--everything cheap except for medical attention, real estate in some places, private college tuition, and stocks. While the American farmer goes broke or barely subsists, the Saudis borrow money to live on, the Chinese labor in their sweatshops for a tenth of American minimum wage, and the Indonesians assemble electronic goods at giveaway prices. If OPEC and other oil producers learn to quit playing prisoner's dilemma (if I remember it right) and act in concert, that may turn everything around. But as I learned from following oil fairlt closely for a couple of years, there are still some huge new sources that could come on line. The Sudan may have fields comparable to the Saudis, and only small amounts of that oil have yet been pumped. And although the major oil companies have temporarily given up on the Falklands area, there could be a lot there.