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.
Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: tejek who wrote (188863)5/19/2004 4:33:41 PM
From: Jim McMannis  Read Replies (1) | Respond to of 1575803
 
What are you going to say at $50/barrel?

BTW, I pulled up at the gas station the other day and they had a loan officer standing there. <G>



To: tejek who wrote (188863)5/19/2004 6:33:01 PM
From: SilentZ  Read Replies (1) | Respond to of 1575803
 
>John, I'll tell ya.....this oil situation is very bad. Crude is staying over $40 per barrel. OPEC is claiming they will increase production but most oil experts claim that OPEC has maxed out their production and never cut it when they claimed they were cutting it last fall.

For what it's worth... I was listening to an interesting story the other day on NPR claiming that the oil supply situation really isn't that bad right now, and that professional speculators are just working to bid up the price.

Wonder if there's any truth to that?

-Z