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Politics : Foreign Affairs Discussion Group
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To: John Carragher who wrote (86990)3/27/2003 1:15:32 PM
From: russwinter  Read Replies (1) of 281500
 
<but I wonder about other parts of the world. >

China only has a 14 day reserve, they should have 90 to be safe. Not sure what you mean by Saudi product showing up in storage a week ago, the inventory build was very modest?

<Speculators hoard it>

Mostly large specs are shorting paper on the futures market, about 33,000 contracts (33m barrels) as of the last report.

Like the notion of an easy, quick war, there has been an incredible amount of false spin doctoring ("misinformation" is too kind as term) about energy.
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