Re: AGORACOM CHART
posted on
Dec 12, 2014 07:44PM
Multi-Billion Dollar Agreement Signed With Oman
Thanx for the update Charlie-----errr-- AGORACOM. We didn't have a bad day-----up .06 while the Dow sank a hefty 300+ points. The talking heads attribute the decline partly to the drop in the price of oil (thank heaven). I'll bet that the Sultan is glad he's moving the Sultinate's future from mainly oil and gas revenues to a combination of that plus tourism.The vulnerability of the energy markets could well work in our favor in getting the 22 agencies to read and sign the 1600 pages ( oops--sorry that's our budget) rather the 800 pages, to get some boots (construction) on the ground. The fact that the Omani government realizes the precarious position they could leave themselves, by putting all of their eggs in one (energy) basket may be just what the doctor ordered. That coupled with the fact that "cheap oil" can stimulate the economies of the world and add to the rise in travel... Good Day, Bill.