Strictly: Drilling and oil-field services Message Board

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

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To: dfloydr who wrote (31257)	10/29/1998 3:41:00 PM
From: articwarrior	Read Replies (1) of 95453

You know if I had a vast "desert storage area to put all this "cheap Oil in" and the advantage of being both a producer and distributer of my product I would pump it into storage for a while...Off the books mind you so the glut doesn't appear...demand goes up and prices soar...gee I got this oil here to sell at maybe 10 % profit above cost of manufacture and distribution.... Great thought...Think it was done in the 80's and quite sucessful...Wonder how full the pits are now?

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