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To: Umunhum who wrote (62025)3/13/2000 8:05:00 AM
From: Think4Yourself  Respond to of 95453
 
Thanks all for the feedback on OXY. Think my decision is made.

The following link was posted this weekend. I found something in the article a bit disturbing. Guess what it is?

streetadvisor.com

Opec will cause enough grief in the US to ensure that George W Bush is elected president rather that Clinton's heir apparent, Al Gore. There is justice in that. Bush's father saved Saudi Arabia, Kuwait and the other Gulf producers from Iraq's Saddam Hussein. The delicious irony is that, if Saddam decides to withhold his oil to blackmail Clinton into lifting sanctions on his regime, he will only improve the presidential chances of his tormentor's son.

The younger Bush will then repay all those Opec members who assisted his election by opening the Alaskan tundra to full exploitation. It holds, by some counts, 16-billion barrels of oil, equivalent to 30 years of current US imports from Saudi Arabia.



To: Umunhum who wrote (62025)3/13/2000 8:06:00 AM
From: chowder  Respond to of 95453
 
Iran Favors An Increase In Oil Production?

I see where the oil minister of Iran says in his "personal" opinion, OPEC should have a small increase in production if oil prices stay above $29 per barrel. Of course the journalists are spinning a personal opinion into "Iran Says".

I found the Iranian oil ministers comments very interesting. Check this out, >> Mr Ardebili also made it clear any production increase agreed at the Vienna meeting should take into account above-quota production by some Opec members, which he did not name. <<

"Take into account above-quota production" ...... hmmmmm, could this be the initial mind conditioning for no increase in production? I love it! This could get real exciting.

dabum

PS - The link was too long to post. The story is in Financial Times.