Hello Brian

Connacher is in a race wih time and oil demand versus supply. The least impovement in any metric will rapidly get us there! Leave us hope.

I just read something from an analist over here that defends your earlier statement of inflation.

In short here are his point of views.

He claimed current crisis is due to high amount of dent which has risen to an enormous level.

So according to him there are 2 sollutions.

• You made debt burden shrinking by defaults or

• You made income rising faster

So if you're Ben Bernanke it's an easy jib to let your civilians creating more income just by printing more money.That's what they are doing right now.

But by briging more money all around that makes peple have more on hands but also prices will go up and side effect.But for central bankers this makes no big problem cause debt burden remains the same and by that they are lowering.Seems an easy sollution but it isn't.

Inflation is somethin like teeth oasta.Once out of the tube it's not easy to get it back in .

But that gives in fact no support to current currencies and who has cash monet will try to change it to another stronger currency(If they are right now cause Suisse Frank has got a very good punch too) to somewhat else.So he sees starting a rush which could by time turn into panic buying .

So he sees at first gold and silver go higher again.But he advices buying real gold and not the certificates etc..

But now the best for us here.OIL.

Demand is lower now but there is also the fact well's are depleting.So coming years demand will outpace output.Also by the implementing of big inrastructure projects in the US and Asia oil will go up.

As last he thinks of investing in agriculture specially in furtilizers.

Well Brian this guys is at least a follower of your previous ideas.I must say I like the idea.

I took fuel ytoday and prices are now around 20 cents /liter up since 2 months.For regular 95 it's 1.15 €/L.

Now suppose this idea will take place.

How about the refiners again.Can they make money for us MRC?

Probably the conventional part and bitumen will do well and if PDP finds a big well tha's fine too.Any idea's?

PS I hope I didn't wrote to much mistakes.