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Gold/Mining/Energy : Big Dog's Boom Boom Room

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To: c.hinton who wrote (41387)4/5/2005 11:48:27 AM
From: Tommaso  Read Replies (2) of 206121
 
I think maybe it would be better take up the argument about word definitions with the Merriam Webster people.

To get back to substance, I just do not believe that anyone or any government or any present combination of governments can manipulate the price of crude oil the way that was possible from maybe 1930 to 1995 or so, when it was easy to push the price down by overproducing.

tsha.utexas.edu

also, from:

en.wikipedia.org

As of August 2004, OPEC has been communicating that its members have little excess pumping capacity, indicating that the cartel is losing influence over crude oil prices. Indonesia is reconsidering its membership having become a net importer and being unable to meet its production quota
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