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Gold/Mining/Energy : Strictly: Drilling and oil-field services
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To: Mike from La. who wrote (37511)2/13/1999 2:33:00 PM
From: A. Geiche  Read Replies (2) of 95453
 
Mike, you remember the last September 26 meeting at the Saudi ambassador's residence between Saudi crown prince and the chief executives of big oil? You know what it was all about? The CEOs were invited to "share his [prince Abdullah's] thoughts and observations concerning future developments in Saudi oil industry." That was about Saudis' push to increase their oil production from the current 8 million barrels per day (compare it to the production of other countries) to 10 million barrels.

If in all your rhetoric about quotes, Saudis' fairness, non-compliance with assigned quotes by other countries, you want to be truly reasonable, compare the population of Saudi Arabia with populations of other OPEC countries and then compare the quotes.
Oh yea, sure, the quotes have nothing to do with the populations, but only with the extent of underground reserves! But that is an inconceivable outrage, for the purpose of those quotes is supposedly to satisfy the OPEC countries needs! Never thought how this sordid allotment was possible? If you didn't, you did not think much at all about the Middle East situation and the American and British role there. You should try to before displaying here your fairness and impartiality.
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