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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?


To: stockman_scott who wrote (50758)5/1/2002 10:48:28 AM
From: Jim Willie CB  Respond to of 65232
 
liberal attack on oil suppliers holding back is mindless
sure, it makes good press
David taking on Goliath on the national stage
typical liberal villain hunting bullshit

let's suppose supplies from MidEast Arab centers were more widely interrupted
we would not have certain and reliable supplies next month
then that same withholding of supplies ensures availability in the next couple months

so then if suppliers HAD NOT held back some this past month, they would be attacked by the general public in a couple months for NOT withholding, bringing about very big price rise at the gasoline pumps

this is oil industry inventory management
last month we saw some real threats to supplies
they did the right thing
now that the risks have fallen somewhat, we see prices are coming down
API Institute announced today healthy inventory levels
crude oil is down over 50 cents

WHY DONT LIBERALS ARGUE TO INCREASE NORTH AMERICAN SUPPLIES?
because they dont know how to create wealth
only distribute it
and yes, bitch and moan at the wrong target
same story, same song, different stage
/ jim