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.
Strategies & Market Trends : John Pitera's Market Laboratory

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: John Pitera who wrote (5067)11/15/2001 10:11:15 PM
From: Yorikke  Read Replies (1) of 33421
 
John, I believe that the first paragraph of Cartel Management 101 begins with the sentence 'All cartels are doomed to fail.' OPEC has done quite well considering.

I believe a corollary of the the above statement is 'Every time you make a lot of promises its bound to bite you in the ass.' Now that we have made a lot of promises to a lot of countries in the middle east and central Asia, many of them oil producers, to help us with the War on Terrorism, it will be interesting to see how much cheap oil ends up costing us.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext