EMC How high can it go? Message Board

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Technology Stocks : EMC How high can it go?

EMC 29.05

0.0%

Sep 15 5:00 PM EST

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To: GVTucker who wrote (11212)	9/23/2000 5:55:47 AM
From: JDN	Read Replies (1) of 17183

Dear GV and all: OT OT I dont think this is the place to get into a discussion of oil except maybe at the Macro level, but since so much has been said already, I think I should point out that ALL OILS are NOT THE SAME. There are "Sweet" oils and "Sour" oils. Refineries set up for one cannot easily switch over to processing the other. So it does matter WHICH COUNTRIES are supplying the extra oil even if there is availability from one or the other country. Its really far more complex then just INCREASING THE SUPPLY of Crude. Incidentally, the nations Strategic Reserve consists of SOUR oil which frankly is not really preferred by the refineries. It really should only be considered for STRATEGIC situations usually related to WAR or some other reason oil would be cut off entirely from import. I agree with you, the Clinton administration has no inkling about oil. JDN

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