Strictly: Drilling and oil-field services Message Board

STOCKTALK

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.

Gold/Mining/Energy : Strictly: Drilling and oil-field services

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Gator II who wrote (23845)	6/11/1998 3:00:00 PM
From: upanddown	Read Replies (2) of 95453

"the jury is still out" on the possibility that the major producers in OPEC are attempting to regain their power Gator, I have a hard time with an OPEC conspiracy theory. So they make some marginal projects uneconomical and they are shelved. Big deal. If oil prices then go up, the marginal projects start up again. Meanwhile, OPEC loses hundreds of billions from low oil prices. Quite an expensive lesson. I think the real problem is virulent distrust among OPEC members. No one wants to make real cuts because they assume other members will cheat and take their customers. John

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next