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To: ViperChick Secret Agent 006.9 who wrote (13149)	2/28/1998 6:55:00 PM
From: NucTrader	Read Replies (1) \| Respond to of 95453

God! What I did to Voodoo Dolly! I'm a sick bastard.........

To: ViperChick Secret Agent 006.9 who wrote (13149)	2/28/1998 6:57:00 PM
From: The Perfect Hedge	Read Replies (1) \| Respond to of 95453

**OT** Are you a director?GD

To: ViperChick Secret Agent 006.9 who wrote (13149)	2/28/1998 7:17:00 PM
From: Lee Fredrickson	Respond to of 95453

lisa et al, So here's what I'm wondering. There's a decent majority of the OPEC member states that seem to realize that "Oh my Allah! We're flooding the world's crude market at a particularly bad time. We should think about reducing our output to pump that price back up." Then there's Venezuela, and usually mentioned with Ven. are Qatar and Nigeria, who are saying (and doing) "We'll pump every drop we can and market it, for as long as we can. So sue us." What can the seemingly more rational (at least as regards pricing strategy) oil producing states (OPEC or non) do to force the overproducers to rein in production? Short of waiting for Venez. to deplete their reserves to zero, which would take quite awhile? They all seem to need the oil revenue too badly to cut production way back. Give overproducers the boot from OPEC? How would that hurt Venezuela, etc? Any thoughts? Lee