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To: diana g who wrote (62905)3/25/2000 8:53:00 AM
From: Ken Ludwig  Respond to of 95453
 
A ploy by the wiley Iraqis to keep the production increases low?
Iraq Set To Boost Oil Exports

A.P. INDEXES: TOP STORIES | NEWS | SPORTS | BUSINESS | TECHNOLOGY | ENTERTAINMENT

Filed at 8:22 a.m. EST

By The Associated Press

BAGHDAD, Iraq (AP) -- In an apparent attempt to grab the initiative
from OPEC, senior Oil Ministry officials said today that Iraq will boost
exports by about 700,000 barrels a day in the coming few weeks.

Word of the plan to increase exports from 1.6 million barrels a day to at
least 2.3 million barrels a day comes as major oil producers are gathering
in Vienna to review output levels.

It is not clear what impact Iraq's move will have on the Organization of
the Petroleum Exporting Countries decisions Monday.

Ministry officials, speaking on condition of anonymity, did not hide their
resentment of what they described as a U.S. policy of ``muscle-twisting'
to push OPEC to increase output.

Iran's oil minister reiterated that appeal today, urging the cartel not to be
intimidated by Washington.

``U.S. pressures are meaningless to us. We hope OPEC members will
not give in to political pressures,' Iran's oil minister, Bijan Namdar
Zanganeh, told state-run Tehran radio in Vienna.

Oil revenues are almost Iraq's sole source of hard cash. The United
Nations closely monitors Iraqi oil exports, but Iraq can pump as much as
it wants under an adjustment to U.N. sanctions imposed for its 1990
invasion of Kuwait.

Washington has been heavily lobbying oil-producing nations to increase
supplies to drive down record-high prices that have left American
consumers complaining about gasoline and heating oil costs.

By substantially raising its exports, Iraq may be hoping OPEC ministers
will decide to wait on across-the-board production increases or approve
smaller ones than the United States wants.

Foreign oil experts have said an additional 2 million to 2.5 million barrels
daily are needed to replenish depleted inventories and satisfy growing
demand.

Early this year, Iraq slashed its exports by 400,000 barrels per day,
citing the fragile state of its oil infrastructure. In the past few weeks, it has
cut an additional 300,000 barrels a day. Late last year, Iraq was
exporting an average of 2.3 million barrels a day.

Oil Minister Amer Mohammed Rashid confirmed today in an interview
with CNN that Iraq has reversed course.

Rashid said the decision to increase exports was prompted by the
removal of holds on contracts for the purchase of spare parts and a
willingness by the Security Council to double the amount of equipment
Iraq can buy to repair its shaky oil industry.

The officials said exports will start rising early next and will reach 2.3
million barrels a day in a few weeks.

They said Iraq intended to resume production at levels prevalent before
the end of 1999, which they put at nearly 3 million barrels a day. Iraq is
not part of OPEC's production ceiling, but Rashid has said he will ask
OPEC to set a quota for Iraq of no less than 3 million barrels a day.

Rashid warned, however, that Iraq will ``be forced to alter its decision'
to boost exports if the United States continues placing its contracts on
hold.



To: diana g who wrote (62905)3/25/2000 9:29:00 AM
From: JHR  Read Replies (2) | Respond to of 95453
 
OK the boots I'll give ya, but the hats make sense, the sun is omnipresent and hot down here.



To: diana g who wrote (62905)3/25/2000 9:48:00 AM
From: stevedhu  Respond to of 95453
 
<<OT>> Dear diana g, I resemble your comment about BOOT's, and have NEVER found a more comfortable footwear in my life, with the exception of flip flop's, maybe. I have about 10 pair that will go with anything from Levies to a suite, most of them have had new heel's and soul's put on a few times, with the oldest pair being about 20 year's old. I can put them on or take them off with ease, and don't get wet feet in the rain, or snow if I get stuck in YANKEE land!
I will admit to having 1 pair of dress loafer's, but wouldn't admit it in public.
Take Care and have a Great Weekend, I'm of to Dallas Monday.
Steve (HOUSTON TEXAS)



To: diana g who wrote (62905)3/25/2000 12:19:00 PM
From: BigBull  Read Replies (1) | Respond to of 95453
 
OT Diana, I was thinking of wearing my best sag bustin' hip hop NYC gangsta' gear to the rig party, but after your booty post - uh uh. <VBG> ;o} :o) \:o]

I'm diggin' those Jet Black Snakeskins with the real pointy toes and silver studs out of my closet - right NOW! OOOOOOoooo yeah! I'm going to get a pair of Randy "Macho Man" Savage shades just so that I can stand in Sliders brilliant presence. <g> The rest will be strictly Armani.

What will you be wearing? I'm thinking stilletto heels and silk stockings with the line up the back. :o}}}}}}}}}}}}}

That wasn't you in the Donald Trump pottery class commercial was it? Hey yurself. <g>

All the above is strictly tongue in cheek and meant to be fun.

Oh, by the way, who on earth does Al Sharpton's hair?