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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?


To: profile_14 who wrote (101099)5/18/2008 9:11:28 PM
From: quehubo  Read Replies (1) | Respond to of 206361
 
Do you want to know why they are laughing? The joke is that the media still thinks the Saudi's are holding back production with $125 oil.

Those greedy OPEC ministers.

Bush's trips there only delayed the inevitable. The market finally figured out there is no more spare production. Imagine if Bush had replied to the media 2 years ago that there is no sense asking for more because there is no more production to spare.