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The time now is 10/28/08 - 01:24

Offshore drilling ban and forex trade?


RealCool.BIZ Forum Index -> Investments & Trading -> Foreign Exchanges - Forex

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sammie
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Joined: 22 Aug 2007
Posts: 4



PostPosted: 07/12/08 - 05:10    Post subject: Reply with quote

Is there any chance of offshore drilling ban to be removed and what implications would this have on forex trade? I hope that this is something that will make some change in the market, but I don’t know when I will be able to enjoy the lifting of this ban and will I be able to enjoy it at all?
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chane
Apprentice


Joined: 17 Jun 2007
Posts: 2



PostPosted: 08/10/08 - 23:03    Post subject: Reply with quote

President Bush is all for this ban to be removed and we all know that once a President is for something that usually finds its way. I don’t know if this is going to come into action before the next election, but I got an impression that this is something that is very much dear to his heart and maybe because of this I can be hopeful that this is going to happen. If nothing else great gasoline prices will make this happen if nothing else, but I think that Congress will play its part as well as the President.
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