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Strategies & Market Trends : Ask Vendit Off-Topic Questions

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To: Gersh Avery who wrote (6486)	3/14/2005 3:39:21 PM
From: Walkingshadow	of 8752

Hmmmm..... that thing just won't quit. This constitutes another all-time high again on a closing basis. futuresource.com OPEC president now says they will increase production 500K barrels per day. But I believe actual production is probably more than that already. I don't think they can increase output much more. So long as demand keeps increasing, price will also because production can't increase to the extent that demand does. T

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