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  • From: "Marie McHarry" <mmcharry AT gmail.com>
  • To: homestead AT lists.ibiblio.org
  • Subject: Re: [Homestead] Oil prices
  • Date: Thu, 18 Oct 2007 21:04:13 -0500

On 10/18/07, Don Bowen KI6DIU <don.bowen AT earthlink.net> wrote:
> T Boone Pickens is predicting increased prices this quarter and that we
> will see $100 within a year.

That's a no-brainer, in my tiny opinion. If W & the Boys get their way
and bomb, bomb, bomb Iran it will be a lot higher than that. Reports
have stated that if the Turks get into a hot war with the Kurds in
Iraq, heating oil stocks may be scarce.

On top of this, the Chinese have dumped Treasuries, and several
countries are getting rid of other US debt instruments.

Time to see that you have plenty of wood laid in (and something to
burn it in that will heat the house).

Marie




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