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: articwarrior who wrote (42530)	4/18/1999 4:23:00 PM
From: diana g	Read Replies (2) of 95453

Hi again artic! I agree with you about all the factors pushing the oil price higher, but you haven't addressed this one impediment: If OPEC doesn't want Oil to go above $20 Brent (Or whatever price they decide), How can they fail to keep it down? Their power to keep the price up where they want it is subject to doubt. But not their ability to hold it down, imho. How will the oil price rise above OPEC's upper limit with the Saudis et al ready to open the taps to keep the price from going too high? regards, diana

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next