SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : Dorsey Wright & Associates. Point and Figure -- Ignore unavailable to you. Want to Upgrade?


To: SpecialK who wrote (9032)8/23/2000 3:24:14 PM
From: Tommy Dorsey  Read Replies (2) | Respond to of 9427
 
The count on crude is 37 1-2 and then I direct you to read all you can about Hugo Chavez, new President of Venezuela. You will find the answer there. T



To: SpecialK who wrote (9032)8/23/2000 4:11:34 PM
From: Ronald J. Clark  Respond to of 9427
 
Word is that even the Saudi's are at full production capacity for light sweet crude at this time. They can produce additional sour crude, but that is not currently in demand and is not suitable for most U.S. refineries. Also note that the U.S. strategic reserve of oil contains much sour crude. Most of the OPEC members are already producing at capacity as is non-OPEC member Norway (one of the world's largest exporters of crude oil). Add to the above the extremely low inventories of crude and petro products as well as low natural gas storage figures, and you have the possiblity of (dare I say it) AN ENERGY CRISIS!