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Question to people: will this be a "permanent" rise in oil prices? Will it cause hyperinflation? Will the stock market go down? In a message dated 01/23/2000 9:09:30 PM Eastern Standard Time, [EMAIL PROTECTED] writes: << The era of cheap oil began ending last March when the Organization = of the Petroleum Exporting Countries cut production by 4.3 million barrels a = day. The oil producers were determined to end a world oil glut and push up = prices that fell as low as $11.37 a barrel in February. OPEC, an often undisciplined cartel, was able to hold down = production. U.S. oil supplies now are at their lowest level in several years and = the International Energy Agency warned Thursday that markets "are tight = and getting tighter." >> I thought it was because they've been dumping shipload after shipload = into the oceans. In fact it's probably the cleanups we're paying for in = this price rise. Prudy < ------=_NextPart_000_0104_01BF663B.A6A07360 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable <!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"> <HTML><HEAD> <META content=3D"text/html; charset=3Diso-8859-1" = http-equiv=3DContent-Type> <META content=3D"MSHTML 5.00.2722.2800" name=3DGENERATOR> <STYLE></STYLE> </HEAD> <BODY bgColor=3D#ffffff> <BLOCKQUOTE=20 style=3D"BORDER-LEFT: #000080 2px solid; MARGIN-LEFT: 5px; MARGIN-RIGHT: = 0px; PADDING-LEFT: 5px; PADDING-RIGHT: 0px"> <DIV> </DIV> <DIV><FONT color=3D#000080 face=3D"Futura Md BT" size=3D4>Question to = people: =20 will this be a "permanent" rise in oil prices?</FONT></DIV> <DIV><FONT color=3D#000080 face=3D"Futura Md BT">Will it cause=20 hyperinflation? Will the stock market go down?</FONT></DIV> <DIV> </DIV> <DIV> </DIV> <DIV> </DIV> <DIV><BR>In a message dated 01/23/2000 9:09:30 PM Eastern Standard = Time,<BR><A=20 = href=3D"mailto:[EMAIL PROTECTED]">[EMAIL PROTECTED]</= A>=20 writes:<BR><BR><< The era of cheap oil began ending last March = when the=20 Organization of the<BR> Petroleum Exporting Countries cut = production by=20 4.3 million barrels a day.<BR> The oil producers were determined = to end a=20 world oil glut and push up prices<BR> that fell as low as $11.37 = a barrel=20 in February.<BR> OPEC, an often undisciplined cartel, was able to = hold=20 down production.<BR> U.S. oil supplies now are at their lowest = level in=20 several years and the<BR> International Energy Agency warned = Thursday=20 that markets "are tight and<BR> getting tighter." = >><BR><BR>I=20 thought it was because they've been dumping shipload after shipload=20 into<BR>the oceans. In fact it's probably the cleanups = we're=20 paying for in this<BR>price rise. =20 Prudy<BR><BR><</DIV></BLOCKQUOTE></BODY></HTML> ------=_NextPart_000_0104_01BF663B.A6A07360-- __________________________________________ NetZero - Defenders of the Free World Get your FREE Internet Access and Email at http://www.netzero.net/download/index.html |
- Re: [CTRL] OPE Foxter
- Re: [CTRL] OPE William Shannon
