Replies to post #214398 on Zeev's Turnips Patch-No Politics (ZEEV)

[qwave]

<<I will tell you this. Every big time recession has been preceded by rising energy prices that spread to rising overall commodity prices. Go back and look at crude and energy prices in 2000. >>

In 2000, they said energy prices didn't matter. New paradigm. Yeah right. We use more energy than ever before. No energy, no computer, no money. No energy, no car, no money. No energy, no money, no wife.

[cash2go]

Moses - your day may come sooner than later

If OPEC cuts production as planned the date of dealing with our deficits could come with it. Looking at Royal Dutch and El Paso as a trend of being honest about oil reserves and the truth being lower reserves look out. The World Economy runs on oil and OPEC may be testing the market to see how much power they really have. Gas is predicted to hit $2 for the summer and surprise being it stays there or where it goes next.

[tlc]

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