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![]() "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). |
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