"Gould 0738" wrote in message
...
The price of an international commodity, like oil, is not particularly
effected
by the identity of the person last elected to the office of POTUS.

However, considering the steep rate at which oil has been rising and the
fact
that it is approaching $60 a bbl, $75 doesn't seem all that far fetched
within
four years *regardless* of the outcome of the election.

Possibly in 4 years. However, I expect a sharp drop in oil prices after the
election no matter who is elected President.


"What we see is the political premium between $10 and $15 per barrel,"
Purnomo, who is also oil minister for Indonesia, said at the World Energy
Congress in Sydney.

"If you remove the non-fundamentals, then we hope the price will go down to
a level of $30 per barrel.

"The price should not be what it is today," he said.



http://edition.cnn.com/2004/BUSINESS.../opec.purnomo/