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Oil price

January 30, 2007

We are early Feb and the price of a barrel of petrol is
around $50 USD. It was around 80 …one month ago.

The risk of terrorism acts has never been as high as now and
still this unbeatable feeling of prosperity and growth nurture a global economy
that never has been so vibrant and booming than it is now. I see more and more
cars in Asia, more and more industries, more and more people traveling by plane…and
the petrol price goes down. I love this sense of insouciance than people can
have sometimes. Is that really sustainable tough? Even at 80 bucks the barrel,
the economy in Asia was booming and the economical machine overheating. I
cannot even imagine what it will be at 50 bucks. OK, enough of global strategies
considerations for today.

 

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