Re: Oil prices tumble in biggest weekly drop ever

On Sun, 20 Jul 2008 19:25:00 +0100, "Ivan" <ivan'H'older@[EMAIL PROTECTED]
>
wrote:

>"John of Aix" <j.murphy@[EMAIL PROTECTED]
> wrote in message 
>news:488376c2$0$919$ba4acef3@[EMAIL PROTECTED]
>> FACE wrote:
>>> http://www.breitbart.com/article.php?id=D920GS884&show_article=1
>>>
>>> Oil prices tumble in biggest weekly drop ever
>>
>> Indeed and I wonder why. OK, perhaps the market had got a little 
>> overheated recently so a certain correction was inevitable but I wonder
if 
>> there isn't a link with the announcement that the USA may allow
offshore 
>> drilling which probably promises billions of barrels of supply.

>Estimated amount of oil in ANWAR Northern Alaska is 10 billion barrels, 
>around three months supply of 'current' world demand.
>
>The hard truth is that we've got to be looking at plentiful and
sustainable 
>energy supplies that will last for millennia, not just a few decades into

>the future, if we want to maintain our present standard of living for 
>ourselves and generations to come.

i like realism...it's refre****ng in this world of escapists

regards

-- 
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