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: Crimson Ghost who wrote (37892)	2/20/1999 12:20:00 PM
From: Mike from La.	Read Replies (1) of 95453

George, I think you hit it on the head. The key is expanding OPEC's base to include other producers. Norway and Mexico have lined up. If Russia joins in, and there are a lot of good reasons for them to do that, then we have big news. Many possible outcomes. Just to throw out another theory, could the US's decision to put oil in the SPR be partly for the purpose of contributing to the cut back pot, as a result of the discussions Richardson had with the Saudis right before the decision was announced? Maybe, maybe not. Mike from La.

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