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To: enervestor who wrote (58487)	1/14/2000 1:25:00 AM
From: IndioBlues	Read Replies (1) \| Respond to of 95453

OPEC Could Extend Production Cuts Through 2000, Kuwait's Oil Minister Says By Gabrielle Monaghan (Bloomberg) OPEC Could Extend Cuts Through 2000, Kuwait Oil Minister Says Vienna, Jan. 13 (Bloomberg) -- The world's leading oil exporters could extend their output-cutting agreement through the end of 2000, Kuwaiti oil minister Sheikh Saud Nasser al-Sabah said. The minister spoke as he arrived in Vienna for a meeting of OPEC's Ministerial Monitoring Committee, which reviews how closely members of the Organization of Petroleum Exporting Countries have followed their program of restricting output cuts, which caused prices to double last year. The agreement was to have expired March 31. ``We don't need to do anything in March,' al-Sabah said. OPEC's decision should be to continue with current export policies, he said. ``We may be willing to go through the year 2000' at current output levels, the minister said. Al-Sabah's remarks came on the heels of a statement by Saudi oil minister Ali al-Naimi, who told reporters today that OPEC had a ``consensus' to continue with a production plan that cut daily output by an amount equal to about 7 percent of world supply. Crude oil rose as much as 84 cents, or 3.2 percent, to $27.12 a barrel on the New York Mercantile Exchange. Oil has risen about 10 percent this week, approaching a nine- year high of $27.15 a barrel set in November. Kuwait, which holds 9.3 percent of known global oil reserves, has been one of OPEC's staunchest advocates for renewing the production-cutting agreement.

To: enervestor who wrote (58487)	1/14/2000 2:37:00 AM
From: Roebear	Respond to of 95453

enervestor, Which weatherman was that? I see some moderate temps in the West but the East so far stays cold to normal through Tuesday? There has been some wonderful variability with the weather lately in our area. Warm and pleasant as spring and an hour later its blowing way colder and throwing sleet on us. Happened twice in the last few days. This may be par for the course for weather in the Rockies or other US locales but not normal for S. Pennsylvania. Throw the satellites and weather buoys away for a time, there have been some winter skies and more typical cloud formations the last few days to the old weather eye. Throw the science away for a moment, the old weather bones (VBG) think there may be a change in this winter coming or it has already arrived. No NAO, no weather URLS, my sense of it all (FWIW, we shall see!) is that we may have a nice sized Nor'easter yet this winter in the East. Now that is sticking my neck out and global warming is the Guillotine I'm chancing! Best Weather Prophecy VBG Roebear