On 9/11/07, sartesian <[EMAIL PROTECTED]> wrote: > Tell ya Leigh, check the rearview mirror... >
So, that's proof that they aren't right this time? Two closely spaced data points? Do you hold the oil suppliers, or anyone else for that matter, to those same tight standards of 'proof of theory'? Here's your rearview, and what's in it is pulling up on you fast. Must be one of those new Toyota LandMovers with the BIG V-8: Gotta give the suave, sophisticated Western-Industrial consumer (including their adorable self-effacing 'left-consumers') what they 'want' ya know... Oil hits record on supply fears Prices have been above $70 for much of the past year Oil prices have risen above $80 a barrel for the first time, a day after Opec moved to boost its output of crude in an effort to ease cost pressures. US light, sweet crude surpassed the landmark level before closing slightly lower at $79.91. Opec members said they would raise production by 500,000 barrels a day but some analysts have said the move is little more than a token gesture. Figures also showed a sharp decrease in US crude stockpiles last week. . . . ...It had been expected that Opec's move would eventually depress prices and that this could help ease recent US economic and global stock market jitters. [...] <http://news.bbc.co.uk/2/hi/business/6991567.stm> Keep waiting. Leigh
