Mish's Global Economic Trend Analysis Message Board

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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: CalculatedRisk who wrote (17598)	12/4/2004 11:27:35 AM
From: russwinter	Read Replies (2) of 116555

<OPEC to CUT production?> OPEC will continue to produce nearly all out, that's not the issue. The issue is that they've been damaging fields by using water injection to squeeze out a few hundred thousand extra barrels, apparently feeling $50 plus oil justified eating their young. That will stop, and shortages will quickly reappear. Message 20673103 The answer to my 2.4 mbd day question is the same as it was in October: Message 20674129 They dodged the weather bullet big time in November, but now winter really starts.

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