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To: GST who wrote (108047)9/7/2000 12:01:59 AM
From: Sarmad Y. Hermiz  Read Replies (2) | Respond to of 164684
 
>> Its too late. The refineries couldn't catch up now if they tried. Its beyond OPEC.

Well, there is still the wild card of the weather. Depending on how early the cold weather arrives. And of course high price has a way of un-earthing supply and causing efficiencies and reducing demand.

But maybe this is the end of the behemoth SUV's. At least I hope so.



To: GST who wrote (108047)9/7/2000 6:11:38 PM
From: Alomex  Read Replies (2) | Respond to of 164684
 
Its too late. The refineries couldn't catch up now if they tried. Its beyond OPEC. The products cannot be refined fast enough. You do not use crude oil. You use refined products. Its too late. We are in for a hard landing.

This week's The Economist on the oil shortage:

economist.com

economist.com


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