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KLC Lewis KLC Lewis is offline
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First recorded activity by BoatBanter: Jul 2006
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Default Gas $1.99/gallon!


"Dave" wrote in message
news
On Thu, 25 Jan 2007 19:29:28 -0600, "KLC Lewis"
said:

After the current "crisis" is over, and
Shell, BP and ExxonMobile have secured their 30-year contracts on Iraqi
oil,
crude prices will likely settle back down to around $20-25 level.


What's the saying--even paranoids have enemies?


Something like that. lol

The Shell/BP/ExxonMobil contracts are in the works as we speak
(http://news.independent.co.uk/world/...le2132569.ece), and
it's unlikely that the bill will not pass through the Iraqi government more
or less intact. The price projection is based upon historic chart data
(http://www.wtrg.com/oil_graphs/oilprice1947.gif).