Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Perspective who wrote (4205)	4/13/2004 1:37:38 AM
From: mishedlo	Respond to of 116555

Snow bitches about high oil prices. US Treasury secretary John Snow spelled out the growing US concern about rising energy prices on Monday, describing production cuts by the Organisation of Petroleum Exporting Countries as "most unwelcome". Gasoline, futures hit an all-time high in New York after the International Energy Agency raised its forecast for global oil demand for the sixth month in a row. Asked on radio about rising petrol prices, Mr Snow said: "We are very concerned and the actions by Opec in reducing its quota are most unwelcome. We have let Opec know that we don't think well of these actions. The situation is a serious one." read the rest here news.ft.com