Piffer OT - And Other Assorted Nuts Message Board

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Strategies & Market Trends : Piffer OT - And Other Assorted Nuts

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To: The Phoenix who wrote (53583)	9/23/2000 6:23:26 PM
From: GROUND ZERO™	Read Replies (1) of 63513

I think the amount released is hardly a drop in the bucket... clearly, OPEC has us over a barrel... (ouch!) once the oil is released from our reserves, it's just crude material, not at all processed or refined... that would take months... I think this will backfire and I also think if crude opens lower on Monday, it will probably be bid right back up to still higher levels by the contractors and refineries who are lining up to bid for that released crude.....BWDIK GZ

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