Concerning the troubles in the Middle East, note how close we have come to
the scenario of Richard Duncan that I posted in Sept.
http://www.calvin.edu/archive/asa/200009/0165.html. See the very last part
of that post.
When I posted that a month ago I didn't think we could be that close to this
scenario. I was wrong. And even if we get out of this this time, it will
recur. When Duncan said in his scenario, that if the scenario got going oil
would rise to $100 / bbl or more, another analyst in the Guardian 10-13-00
said the same price if oil supplies are threatened. There is no spare
capacity in the world today. Demand = Supply.
glenn
see http://www.flash.net/~mortongr/dmd.htm
for lots of creation/evolution information
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