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.
Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?


To: MulhollandDrive who wrote (265444)10/30/2003 10:00:10 PM
From: Bid Buster  Respond to of 436258
 
Hi MD, how time flies when we're having fun eh?

It would seem that inventories still haven't built since we debated the issue...

quamnet.com

We didn't discuss reserves as i recall, but the above link touches on that too.

As i said before the bottle neck is in refinery capacity, it takes several months from oil well to gas tank as i'm sure your aware..and when was the last new refinery built?

I still can't make a bear case for oil in the LT, in fact there's some real value in oil service right now imo.



To: MulhollandDrive who wrote (265444)10/31/2003 8:56:30 AM
From: Bid Buster  Read Replies (1) | Respond to of 436258
 
Heres the link to part one, quamnet.com

I guess part 2 came out last night and my first link now points to it.

Oh, and its not a bad idea to fade what OPEC says, the cartel only has two interests..
1. to sell as much oil as they can
2. to sell oil at the highest price that won't reduce #1