On Thu, 20 Mar 2003 04:22 pm, murdoch wrote: > On Wed, 19 Mar 2003 22:36:29 -0600, you wrote: > > I was looking at the one year chart on > > Light Sweet Crude Oil Apr 2003 (NYMEX:CLJ3) > > http://quotes.ino.com/chart/?s=NYMEX_CLJ3&v=d12 > > with a report below chart. > > > > Quite a steep drop the past few days. > > Basically gone from $38 barrel to $30 > > I think it's more or less analagous to what happened in the first Gulf > War. Once the uncertainty was removed, the price dropped. I don't > know what would make it go back up, because you have a lot of push > behind that drop. The "spiggots" have been open for some days or > weeks now. However, a destruction of the oil fields I suppose could > make things interesting oil-price-wise.
so are we caught between a rock and a hard place here? if oil prices go up, biodiesel becomes viable. but the economy goes bad. Prices go down, biodiesel remains the domain of a few religious zealots... personally I'd like to see tripple ledger accounting enacted in teh energy industry... -- Dr Paul van den Bergen Centre for Advanced Internet Architectures caia.swin.edu.au [EMAIL PROTECTED] IM:bulwynkl2002 It's a book. Non-volatile storage media. Everyone should have one. ------------------------ Yahoo! Groups Sponsor ---------------------~--> Your own Online Store Selling our Overstock. http://us.click.yahoo.com/rZll0B/4ftFAA/46VHAA/FGYolB/TM ---------------------------------------------------------------------~-> Biofuel at Journey to Forever: http://journeytoforever.org/biofuel.html Biofuels list archives: http://archive.nnytech.net/ Please do NOT send Unsubscribe messages to the list address. To unsubscribe, send an email to: [EMAIL PROTECTED] Your use of Yahoo! Groups is subject to http://docs.yahoo.com/info/terms/
