From: "Peter Frederick" <[EMAIL PROTECTED]> > That's funny, my brother the geologist couldn't get a job doing oil > exploration -- very little more to be found, it seems. I don't know > where this guy gets his data, but none of the major oil companies has > more proven reserve oil now than it did a couple years ago, and in > many cases much less, and they are pumping far faster than they are > finding new oil. > The price is mostly due to US screwing around. I suspect the goons > in the White House are doing this deliberatly, but that's only my > opinion. > Peter ----------------------------------- Wall Street Journal says there is currently a surplus of oil; that the rising fuel prices are due to investors taking their money out of stocks and putting it in minerals, especially oil, because of the declining stock market. Gerry
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