SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Pastimes : All Clowns Must Be Destroyed

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: flatsville who wrote (37326)6/2/2000 11:57:00 AM
From: pater tenebrarum  Read Replies (1) of 42523
 
OPEC has us by the gonads...these guys are far less accommodative than the bulls want you to believe...if i hear this BS story about how they don't really want that much money for their oil one more time, i'm going to puke.
they know exactly that since no major giant field has been found since 1967, time is on their side....many OPEC members can't even raise production. their capacities are fully cranked up. Saudi Arabia is the only one with spare capacities, and at least five OPEC members violently oppose any hike in the quotas.

just look at the backwardation across the energy complex...sign of a worsening supply shortage.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext