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To: Post_Patrol who wrote (62983)3/26/2000 6:16:00 PM
From: BigBull  Read Replies (3) | Respond to of 95453
 
The alphabet soup people say it needs to be 3 not 1.5 or 1.7 to drive prices to 20 to 21.

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canoe.ca

The Energy Information Administration, the statistical arm of the U.S. Department of Energy, on Friday said OPEC must increase output 3 million bpd above its current 23 million bpd quota to push prices down to their historic average of around $20-$21 per barrel.

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China and Japan emerging from recession THIS QTR. - hmmmmmmmmm. The rest of Asia at 5-6%. US at 4% minimun. Europe at 3%. Latam at 4%. Uh oh.

BTW I don't use margin - fancy that. Gee I guess I'm really in trouble now.