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


To: Lazarus_Long who wrote (196309)7/30/2004 1:28:51 PM
From: tejek  Read Replies (1) | Respond to of 1585014
 
Coming from SI's reject, that's funny!

You know what's funny.......your attempts at reparteé!

Now this is a thread with mostly intelligent exchanges. You are welcome to join but if you don't behave, I will have to tell your mom and put you on ignore.



To: Lazarus_Long who wrote (196309)7/30/2004 1:36:30 PM
From: tejek  Read Replies (2) | Respond to of 1585014
 
<font color=brown>Its the economy, stupid!<font color=black>

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Oil Hits Fresh Highs on Supply Fears

Fri Jul 30, 2004 08:59 AM ET
(Page 1 of 2)

Related Articles
U.S. Refineries Seen as Less Likely Attack Targets


By Meg Clothier
LONDON (Reuters) - U.S. oil prices hit fresh record highs on Friday on fears of a disruption in supplies from world number two exporter Russia and doubts over oil cartel OPEC's ability to make up for any shortfalls.

OPEC is pumping at more than 95 percent of capacity, the highest for a quarter of a century, giving it little room for maneuver in an emergency.

U.S. light crude (CLc1: Quote, Profile, Research) struck $43.34 a barrel, the highest in its 21-year history on the New York Mercantile Exchange. It was last trading at $43.20, up 45 cents.

In London, Brent crude (LCOc1: Quote, Profile, Research) scaled heights not seen since the Gulf War, peaking at $39.90, before trading at $39.67.

Oil staged its first assault on historic highs on Wednesday after news Russian oil giant YUKOS might face a ban on oil sales while courts try to enforce a multi-billion-dollar tax debt.

Prices retreated after Thursday's reprieve by the justice ministry allowed YUKOS to keep pumping, but the market remains on edge over the company's fate.

"There's a sense with YUKOS of postponing the inevitable. YUKOS's financial problems will get worse in the coming weeks and the market is very nervous that we will see some of its 1.7 million barrels a day shut in for some period," said Steve Turner, an oil analyst at Commerzbank Securities.

YUKOS has said the company could collapse by mid-August because of a freeze on its bank accounts and assets, adding that its rail shipments of oil, which make up a quarter of its total sales, could be affected soon.

YUKOS, whose former CEO Mikhail Khodorkovsky is on trial for tax evasion and fraud, pumps a fifth of Russian oil.

IRAQ VIOLENCE FEAR

Traders also remain wary over accelerating Iraqi oil flows after repeated export disruptions this summer.

Continued ...

reuters.com



To: Lazarus_Long who wrote (196309)7/31/2004 12:51:25 AM
From: American Spirit  Respond to of 1585014
 
You're the one who doesn't like America.
Assuming you're an American, you're a very ugly one and give us all a bad name.

You're like some ballplayer who gets blown out but refuses to admit he's lost and starts playing with himself and screaming "I won! "I won!" This dishonest mentality is exactly why the US under Bush is at its lowest point in our history since Vietnam.

Bushies need to learn lying and cheating are not good.
Once they realize that and practice it, maybe we can all get along again. Until then, Bushies are like rats with rabies. They need to be put out of their misery.

BTW, I'm waiting for your apology to me for lying and slandering. If you don't give it to me, I have an idea for you.