Re: GS screws a potential good day

That is exactly why it is very important now-a-days to be properly 
globally diversified in your investments.  Own a piece of the foreigners 
that own a piece of us.  ;-)

I personally hope that oil prices stay high as it will promote more 
conservation and greener alt. energy sources.  We will be fine as free 
market economies tend to sort this all out automatically.  The smartest 
thing the US could do right now is to take on more low interest debt and 
heavily invest it in greener alt. energy sources.  We could lead the way 
toward the future and be a better example for the rest of the world in 
reducing polution.

Fred

"Jerry" <nospam@[EMAIL PROTECTED]
> wrote in message 
news:482dddea$0$30499$4c368faf@[EMAIL PROTECTED]
>I personally can afford the price of energy and from a personal 
>standpoint would only be concerned about shortages.  I'm more concerned 
>about the economic future of the country.  We continue to make 
>producing countries wealthy and become more dependent on them at the 
>cost of huge debts and our economic prosperity.  I do believe there are 
>ways to become an energy independent country and that this s/b a top 
>priority with some reasonably intelligent plans immediately put into 
>place.  Instead, the main thing we hear is bashing of the US oil 
>companies and the fact that Bush has an oil background.  I fail to see 
>that this is solving anything.  In fact, I wonder where we would be 
>without the US oil companies?
>
>
> Jerry
> "FrediFizzx" <fredifizzx@[EMAIL PROTECTED]
> wrote in message 
> news:6962spF30ng4iU1@[EMAIL PROTECTED]
>> "Jerry" <nospam@[EMAIL PROTECTED]
> wrote in message 
>> news:482da775$0$30526$4c368faf@[EMAIL PROTECTED]
>>> Raised their forecast for crude to 141 from 107 - pumped up crude 
>>> over 2 bucks.  Screwed everything except energy. Aero's correct - 
>>> market is manipulated.  Seems a forecast of this magnitude should 
>>> have been increased gradually in order to reduce the overall market 
>>> effect. Wonder if our congressmen are still going to hold out for 70 
>>> before buying any for the SPR? :-)  Hope something doesn't come 
>>> about requiring us to empty it.  Some of our leaders suggested we 
>>> use it when crude was under 100. :-)  Well, let's elect Hillary - 
>>> she indicates she'll go to OPEC and give those camel jocks a piece 
>>> of her mind and get prices cut. :-)  What a joke!
>>>
>>> Folks, IMO we have a sad state of affairs when it comes to a decent 
>>> energy policy from any of our leaders.
>>
>> Hi Jerry,
>>
>> Don't sweat it.  Energy for the US is still relatively cheap compared 
>> to the rest of the world.  But you think they would have reversed the 
>> flow on the SPR to help moderate the situation.  The US gov. really 
>> doesn't have a clue.
>>
>> Fred
>