oil and OPEC

[Kevin Robert Dean]

Again, I do apologize if this has been mentioned before, I
didn't get a chance to read all the threads on this matter,
but I was curious as to what happened to oil prices and
employment during and after Gulf War I and ran across these
interesting things:

The first is from a WSJ article on predictions on what
might happen to the economy after this present war--the
conclusion seems to be the same as everyone else--no one
knows--

http://www.stern.nyu.edu/News/news/2003/march/0324wsj.html

Secondly, the Washington Institute (I have no idea who
these guys are) has some interesting things to say about
OPEC and the effects a 'win' in Iraq will have on OPECs
power--they conclude it will weaken, and oil prices will
fall---which is good news for oil consumers, and bad for
"one crop" economies who export the black gold.

http://www.washingtoninstitute.org/pubs/exec/consexec.htm
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