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Re: taby post# 100071

Thursday, 02/24/2011 11:26:14 AM

Thursday, February 24, 2011 11:26:14 AM

Post# of 107353
With regard to the weakness, I would think the contrary. As foreign oil becomes more expensive and problematic to obtain, political posturing will lend itself to justifying more activity in the Gulf.

While the Libya sit will likely not last very long, the spectre of foreign controlled oil resources has yet again demonstrated just how quickly things can change and just how volatile the price swings will be - Goldman Sachs aside -

But perhaps the "speculative" company part of your post does bear some merit.

GLTY

Do your own DD and do not trust mine... ;-)

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