|
 |
Thursday, March 31, 2005 |
 Murky View compares and contrasts my analysis of Iraq and that of an Army officer working there.
2:40:36 PM 
|
|
What we may end up with as part of this push towards "democracy" in the Middle East is civil war. Lebanon, Iraq, and Palestine are all on the brink of it now. Are we better off with this?
12:37:02 PM
|
|
Reuters. This Goldman Sachs forecast seems to be in line with my earlier "window of vulnerability in the oil market" analysis. If anyone has access to the full report, please send it on. Welcome aboard! Goldman Sachs said in a research report on Thursday that oil markets have entered a "super-spike" period that could see prices rising as high as $105 a barrel. "We believe oil markets may have entered the early stages of what we have referred to as a "super spike" period -- a multi-year trading band of oil prices high enough to meaningfully reduce energy consumption and recreate a spare capacity cushion only after which will lower energy prices return," Goldman's analysts wrote. Goldman's Global Investment Research note also raised the bank's 2005 and 2006 NYMEX crude price forecasts to $50 and $55 respectively, from $41 and $40.
12:33:44 PM
|
|
© Copyright 2005 John Robb.
|
|
|
