Fear factor baloney. I stated on election day to go short big time on oil, since Soros and the other enemies (OPEC, China, Chavas, etc.) of Bush's re-election would unwind their speculative long positions. Oil peaked a week before the election.
Expect $35 when Bush is sworn in.
To: AmericaUnited
That may be true short term...but China and India are coming online soon...what does that mean for the demand and price of oil?
2 posted on
12/02/2004 4:50:50 PM PST by
weenie
(Islam is as "dangerous in a man as hydrophobia in a dog." -- Churchill)
To: AmericaUnited
So how much will this cause gasoline prices to rise?
3 posted on
12/02/2004 4:52:43 PM PST by
ASA Vet
(Be very very quiet, I'm hunting for the rascally ... troll)
To: AmericaUnited
This is great news right? Maybe I read the article wrong but the whole reason for the slow economic growth was oil prices. Now oil prices are plummeting and we are worried about the oil company stocks?
To: AmericaUnited
I guarantee: we will begin to see stories about the dangerous effects LOW oil prices will have on the economy soon. The LameStream Media will be sure some negative aspect of low oil prices will be given lots of press.
10 posted on
12/02/2004 5:30:54 PM PST by
Recovering_Democrat
(I'm so glad to no longer be associated with the Party of Dependence on Government!)
To: AmericaUnited
A buying opportunity.
To: AmericaUnited
This is good news. Living in Con-Edison Territory as I do, and it being December and all.
Get those ANWAR Rigs humming!!
13 posted on
12/02/2004 6:03:13 PM PST by
The Mike Device
(10 Megatons of fusion fun.)
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