[Dec31,1999]

Before the election there was a lot of uncertainty. Markets hate uncertainty; therefore the higher price. Barring a world wide recession, oil prices will remain at their high level or even go higher. The $20 barrel thing is gone forever, IMO.

[RamingtonStall]

Before the election there was a lot of uncertainty. Markets hate uncertainty; therefore the higher price. Barring a world wide recession, oil prices will remain at their high level or even go higher. The $20 barrel thing is gone forever, IMO.

You are kidding, right?

The Talking heads would like for you and me to believe that the price of Oil went up for all of the reasons you stated and, quite frankly, your statements make perfect sense, EXCEPT for the fact that now the Price Manipulators have left and the prices are going South from $60 to $40 to ???

RamS