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Wednesday, 03/02/2005 10:00:45 PM

Wednesday, March 02, 2005 10:00:45 PM

Post# of 25966
Oil will be around $30 a barrel by the end of 2005.

1. Because they are not pumping $30 a barrel oil.
2. Because that is where Oil started before the inflation started.
3. Because the Fed is going to run Interest Rates up until there is a signifigant signal in the economy that shows enough pain to stop the Interest Rate hikes. That will cause the dollar to recoupe about 30-50% of its losses driving the markets down.
4. Because OPEC has no real control over the Oil market anymore.
5. Because China and Russia are trying to takeover at least 50% of the energy marketshare.

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