markeypilot(at)yahoo.com
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 Posted: Tue Sep 18, 2007 10:02 am Post subject: Glasair-List Digest: 1 Msgs - 09/17/07 |
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It is a fact that these cycles come and go, but I feel China and a stronger EU will keep the oil demand stronger than past downturns.
I'll bet on $100 per barrel within 3 days of our pending attack on Iran, and I'll take E85 Avgas for $200, Alex. Our fuel tanks should have no issues with ethanol, and a few simple parts can make most fuel pump, carb/injector systems compliant to run E85.
John
| Quote: | From: Craymondw(at)aol.com
Subject: OIL
Hey Glasair owners, don't fall on your swords and sell your Glasairs yet
because a large established hedge fund is betting on $45.00/ barrel oil within
a
year!! If this happens auto fuel prices along with 100LL prices will fall in
half. All the indicators are lined up for an oil price collapse. OPEC has no
other income but oil and the United States is the economic engine of the
world. When we fall into a recession so does the rest of the world. Coupled with
that is the threat of ethanol and OPEC wanting to pull the rug out of that
industry by drastically lowering their prices. This is nothing new and has
happened in the past so hang onto your planes.
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