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Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?


To: Tomas who wrote (49770)8/24/1999 10:05:00 AM
From: marc chatman  Read Replies (2) | Respond to of 95453
 
<<Oil Cartel President Yousfi Aims To Stabilise Price At Between Dollars 18 To Dollars 20 A Barrel>>

This half-baked plan is a formula for disaster if I've ever seen one.

My finger is inching closer to the sell button.



To: Tomas who wrote (49770)8/24/1999 1:03:00 PM
From: diana g  Read Replies (1) | Respond to of 95453
 
diana + Yousfi vs Everybody Else ---

I like the idea of a neutral mechanism that would continually adjust quotas in order to stabilize Oil at $18-20Brent.

Without details it's hard to attack or defend the notion's practicality, but as a general idea I think it has merit.

regards,
diana