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The Coming Oil Crash: Why Oil Prices will Drop:

http://www.freerepublic.com/focus/f-news/1946360/posts

thanks, with a workin’ link:

The Coming Oil Crash: Why Oil Prices Will Drop
Portfolio | January 2008 | John Cassidy
Posted on 12/31/2007 11:57:38 AM EST by Clemenza
http://www.freerepublic.com/focus/f-news/1946360/posts

Clemenza:The Coming Oil Crash: Why Oil Prices will Drop

I predict that the Conde Nast people are gonna be mad about posting the text. :'D But seriously, no, the cartel runs pricing by its control of supply; the US gov't won't approve further development of the North Slope; mandated increases in fuel economy won't help curtail demand anytime soon, or anytime later, either; any kind of production delay or interruption (hurricanes in the Gulf of Mexico, tsunami in SE Asia, earthquakes in Mexico etc) will add to war jitters and OPEC control to keep prices sticky-downwards.

Clemenza:Giuliani pulls a come from behind and wins Florida, cleans up on Super Tuesday. Chooses Fred Thompson as his running mate. On the Democrat side, Hillary chooses Bill Richardson. Election is decided by Ohio, which flips to the Dems due to low turnout among social conservatives in the southern part of the state. Dems take the white house, and are up +1 in the Senate, +6 in the house.

Ow. Michigan is going to vote Republican in 2008, thanks to Jenny Grandstand.

Clemenza:McDonald's announces "Green Meals" produce from low methane emitting cows.

I wondered what that smell was...

Clemenza:The Mets are in first place for most of the year, but falter down the stretch. Even though the Yankees are in the second division for most of the year, the NY media concentrates on the Fags in Pinstripes, while ignoring the Mets yet again. The Mets, of course, crash like a house of cards in September.

Please, gentle, gentle. I prefer the term "the Skankees".

Clemenza:New York City is beset with another homeless crisis, as the Homeless Commission fails yet again to reach a contract agreement with shelter management. More homeless people disturb Clemenza and his dates as the attempt to eat dinner al fresco in the West Village. Clemenza refuses to give in to their demands, while the kindly Southern couple next to him gives the bum a $20.

Well, no wonder you'll be remaining single in 2008. /rimshot

Clemenza:States continue to enforce laws on the hiring of illegals locally, driving the illegals either back home or to other states... Economic populism fails yet again as a political issue, although national health care again rises as an issue

IOW, we'll get a big deficit boost, more earmarks, no more tax cuts, and I think the ACLU, MoveOn, et al, will agitate in favor of illegals.

Clemenza:No retirements from the Supreme Court in 2008, as both Ruth Bader Ginsberg and Antonin Scalia wait for 2009 when a new president is sworn in.

Spot on, good thinkin'.

Clemenza:the Wall Street Journal goes downhill as it shifts its front page coverage from business to "missing rich pretty white teenager" stories under new editor Greta Van Susteren.

Uh-oh... that's a joke, right? Greta? Has that happened?

http://www.wtrg.com/prices.htm

“...In 1972 the price of crude oil was about $3.00 per barrel and by the end of 1974 the price of oil had quadrupled to over $12.00.”