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.
Gold/Mining/Energy : Big Dog's Boom Boom Room
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Terry D who wrote (2528)6/30/2001 6:14:19 PM
From: Rob Shilling  Read Replies (2) of 206148
 
So I guess Leuffer's basic premise is this:

OPEC wants $18 oil, so we will get $18 oil????

....hmmmm. What is even more interesting is that when Iraq stopped pumping, oil prices dropped. Now that Iraq may start pumping again after a month .... oil prices are predicted to drop !!!?????? Hmmmmmm.
...Also, it is interesting that oil inventories in the U.S. seem to be the only indicator for oil prices. What about oil inventories world-wide ??? Also, what is interesting is that nobody seems to be to worried that there is a month-long gap in Iraqi oil about to hit the developed world. That is 60 million barrels of exports (20 million barrels going straight to the U.S).
But hey, I am all for lower gasoline prices, I just don't see the logic behind the argument.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News