Gotham Notes...

Tuesday, September 28, 2004

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So, Market-Timing Is a Bad Thing?

NYTimes: Saudis to Boost Oil Production Capacity as Price Hits $50

They just needed to wait until they got the price they wanted. And enough people had 6 mpg SUVs.

Now, watch the gush of oil come through.

CA-CHING!

Now you see why Bush didn't tap the oil reserves.

posted by Gotham 2:24 PM

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