Will they continue to push the world community? We just don't know. Until we know, it's just really hard to tell what they'll do, assuming tensions remain high. |
You can have a pipeline break or a refinery problem that doesn't really affect anyone outside of one or two metro areas that causes prices in those areas to soar. It's a cinch that someone will see $3 gasoline. |
You have to have the world start doing better (before commodities prices correct), and the Asian crisis is starting to look a lot like what Latin America went through in the 1980s. It took them almost a decade to get their problems fixed. |
You never want to underestimate the impact the market has with these regulatory changes. Every time they do this, things get screwed up. |