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Re: ChrisC_R post# 60617

Friday, 08/12/2005 9:32:43 AM

Friday, August 12, 2005 9:32:43 AM

Post# of 97570
FUD influencing oil prices; not exactly a new phenomenon.

I think the main reason that prices are going up is because of reasonable, long term concerns. A realization is setting in that the slightest problems, the ones that occur every quarter or so and that never before were cause for a concern now heavily influence oil prices. So why not invest in it? - It'll go up over longer term anyway since there's no direct alternative.

Regards,

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