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Zeev Hed

03/22/03 10:59 AM

#90208 RE: Paul A #90206

Don't you think the market already discounted $25/barrel? From an economic point of view, I am worried that the last three months of excessively high crude is translating to an annual hit rate of about $100 B or 1% of GDP, and that is money lost to support other sectors of the economy.

Zeev