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"Things are happening in the world and a lot more will be happening. At the moment production is meeting consumption and the pipelines are full so there is some slack in case of crisis."

Yes, things are happening. Oil went a little over $99. Then the propaganda was released. Bloomberg says that the Saudis already promised to produce more oil. MG Global said that a campaign of "pressure" on the Saudis next month will force them to increase output. Our Government has repeatedly sent diplomats to badger more oil production and/or false statements about production out of the Saudis.

A few days ago, the Saudis said that the oil prices are not their fault, and that increasing production wouldn't help. The dirty, little secret on max capacities remains kept for now, or as long as the nervous Arab royals can keep their cool and sanity. :-)

Some weeks ago, there were worker riots in China over fuel shortages. Since then, China has been importing large, selective, emergency shipments of oil to keep production going. India is also struggling to get enough oil to keep business going.

Third-world products are about to get more expensive, and they're not being produced much in our own country. So with domestic inflation on the way, our powers-that-be are going to create jobs for a few years in order to rev the economy up. Both of our political parties have been planning on a likely Democrat administration in 2009. Hillary said repeatedly before 2004, that she wouldn't be running then, but she would for the 2008 election.

There are some of the more sensational events for the sake of intrigue and attention. ;-)