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Re: lentinman post# 10284

Thursday, 04/28/2005 10:21:31 PM

Thursday, April 28, 2005 10:21:31 PM

Post# of 173965
Oil price....It's this sort of analysis that will allow me to re-load oil/gas companies with the smart money.
Short term wee may see a stiff correction. Long-term.....I just fail to ever see $25 or $30 dollar oil even with a depression in the U.S.
Our U.S. dollar is a complete joke....what would happen to Oil supply/demand if the US dollar loses 50% of its value relatuive to the Chinese currency(which I feel is highly likely in the next 2 years)??
I think we see $100 barrel oil sometime in the US even with a depression. Hell.....the "idiots" running the show(I will not take sides in the left/right "Hegelian" game.....no politics!!) will even "blame" $100 oil/$6 dollar gallon gas for the depression!!

Welcome to the "New World Order".....or is it the "New World Odor"!! LOL!

Rogue






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