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To: MulhollandDrive who wrote (266138)11/6/2003 12:29:55 PM
From: Jeff Jordan  Read Replies (1) | Respond to of 436258
 
You didn't have an Oil man running Iraq before! Wait til there's an oilman running Iran and Arabia?<g> ...what's happening in Russia?

.....I think $18 is too high!



To: MulhollandDrive who wrote (266138)11/6/2003 12:47:51 PM
From: Bid Buster  Respond to of 436258
 
<<OPEC last week agreed to cut production by 3.5 percent from November 1 to curb growth in consumer inventory stockpiles as rival production rises from Russia and West Africa and Iraq's post-war production slowly recovers.>>

That makes about as much sense as screen doors in a submarine.
OPEC says they want price stability and they want to cut production 3.5% to curb growth in inventories?
What growth in inventories? we're closing in on levels last seen in '77.
More opec double speak.