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2004-08-17 Terror Networks
Oil price hikes hurting global recovery
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Posted by Mark Espinola 2004-08-17 1:59:29 AM|| || Front Page|| [1 views since 2007-05-07]  Top

#1 And this is why the Saudi apologia and silly-assed statement about they wish, they really really do, that oil prices were between $25 and $30 / bbl. Yewbetcha, Babaloo.
Posted by .com 2004-08-17 9:31:04 AM||   2004-08-17 9:31:04 AM|| Front Page Top

#2 Months of rising crude oil prices have finally produced what economists from New York to Tokyo have feared, justifiable worries of a global economic slump.

It's nobody's fault but the traders. They are the ones bidding up the price of oil on THEIR OWN FEARS, and nothing less. They'd probably have handled the situation differently if THEIR jobs were on the line in the event of a global economic slump.
Posted by Bomb-a-rama 2004-08-17 11:12:22 AM||   2004-08-17 11:12:22 AM|| Front Page Top

#3 Try this soothing article: Dispelling Some Crude Myths About Oil's Real Impact.

Oil prices aren't so scary after all.
Posted by Chris W.  2004-08-17 11:16:37 AM||   2004-08-17 11:16:37 AM|| Front Page Top

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