The Price of Oil (and thanks, Jim H)

Doug Henwood dhenwood at panix.com
Tue Dec 29 08:40:16 PST 1998


pms wrote:


>Hey gang, how about a poll?
>
>Who thinks it's possible that the missle strikes in Iraq, and talk of
>Saddamn rejecting the oil=-for-food program,(who starts these rumors?)
>could have to do with the Big Cigars need to bolster oil prices.
>
>Do you think it is:
>
>a. Highly possible
>b. Somewhat possible
>c. Hardly possible
>d. It could never happen

Who in the U.S. power structure wants significantly higher oil prices? Oil people mainly. Who wants stable or low prices? Wall Street, airlines, carmakers, retailers, the leisure industry, manufacturers, utilities....

Doug



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