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

To: mishedlo who wrote (21209)1/12/2005 10:27:44 PM
From: Square_Dealings  Respond to of 116555
 
Maybe they are destroying their fields anyway over-pumping them to get the dregs. Read somewhere that they pump fresh water in the wells to squeeze everything they can get and maybe now they are realizing they are screwing up future production and using too much water?

M



To: mishedlo who wrote (21209)1/12/2005 11:15:49 PM
From: LTK007  Respond to of 116555
 
As i understand it it is the crude no one really wants any way, it is the lowest grade crude. The most hard and expensive to refine.
it is as the other poster said, the dregs.



To: mishedlo who wrote (21209)1/12/2005 11:53:05 PM
From: Cogito Ergo Sum  Respond to of 116555
 
How sour are we talking here ? see misconception #1
Message 20687185

and maybe time to look for long term value in certain refiners
Message 20876130

just thinking out loud...


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