> RoMunn wrote: > 1989 $18.33 $31.75 1990 $23.19 $38.02 1991 $20.20 $31.86 1992 $19.25 > $29.47 >
Okee doke, now let's see them for Bush II. Don't forget to include the world demand increase numbers too so we can put to rest that fairy tale too. I used to work in the airlines aligned with 2 execs stolen from the oil industry to do fuel hedging. Obviously these guys were fairly current with the futures markets and I can guarantee you one of their lesser factors was demand increases. The top ones? Refining capacity and terrorism. We almost couldn't create a worse scenario for US oil prices than the one that exists: limited refining capacity, full dependence on foreign oil, terrorism, AND our invasion of Iraq. And guess what? These 2 guys, oil guys from Texas and Oklahoma, predicted all of this back in 2000 and they aren't no geniuses as they like to say. Anyway, if you want to know how to invest as we move into recession because of this read Stephen Leeb's book The Oil Factor that he wrote back in 2004. It's not so much that Bush conspired to do something - he conspired to do nothing. And this despite the fact that since the late 1960s our economy has been directly tied to oil prices (they go up and recession, they go down and boom). ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Adobe® ColdFusion® 8 software 8 is the most important and dramatic release to date Get the Free Trial http://ad.doubleclick.net/clk;203748912;27390454;j Archive: http://www.houseoffusion.com/groups/CF-Community/message.cfm/messageid:263514 Subscription: http://www.houseoffusion.com/groups/CF-Community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/cf_lists/unsubscribe.cfm?user=11502.10531.5
