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To: Meridian who wrote (57270)12/22/1999 3:20:00 PM
From: Crimson Ghost  Respond to of 95453
 
Venezuala and Mexico both have significant excess capacity after the recent round of output cuts. Iraq also will be able to greatly expand capacity after sanctions are lifted.

But this spare capacity is not all that great and could well be used up in a few years if the gobal boom continue That is when crude could really take off.



To: Meridian who wrote (57270)12/23/1999 12:07:00 AM
From: The Fix  Read Replies (1) | Respond to of 95453
 
I think that you could also add Iran to this list. Most people do not view Iran as an OPEC powerhouse.

fIXER


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