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Re: tryoty post# 46218

Saturday, 04/22/2006 11:57:00 AM

Saturday, April 22, 2006 11:57:00 AM

Post# of 361321
Tryoty, Oil is too controlled a commodity for that to happen in the opinion of many experts. OPEC has stated that it won't let oil go below $60, Venezuela intends to keep pace or better with OPEC, they need oil at over $50 to warrant investment in the oil sands of Canada, and China and India have demand growing rapidly for oil and their gov'ts are buying the resources for them. I think that the only way oil goes down is for alternative fuel sources to kick in big time. Just my DD and opinion.