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Going Down to sub 400p

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moonbase - Thu, 02 Jan 03 :

!plainz, you could be right on Israel, but I think America will be there first along with Britain come what may. The west needs cheap oil otherwise the whole west is going to suffer especially Britain with its high tax on petrol. So basically the west wants Iraq oil ASAP, to lower the price per barrel, so watch out if you hold oil stocks to long. Yes it may go up a little with a small war, but with Russia and the some of the old USSR countries are increasing output every year, long term its going go down.


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