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To: Crimson Ghost who wrote (27084)	8/5/1998 10:59:00 AM
From: marc chatman	Respond to of 95453

<<Kuwait and Saudi Arabia Mull Third Round of Crude Oil Production Cuts>> These guys are past the level of pathetic. what are they going to do? Announce another 50,000 each in cuts? How much did US crude stocks grow last week? 1.8 million? I know, they can enlist the support of Venezuela and Iran. HAHAHAHAHAHAHA! If these guys were ready, willing and able to do something, they would have done so already. Here's a clue Sheikh: short the hell out of oil futures and then pump as much oil as you can.

To: Crimson Ghost who wrote (27084)	8/5/1998 11:01:00 AM
From: Joseph Beltran	Respond to of 95453

It seems like the camel jockeys of saudi arabia and kuwait are urging us to blow up part of iraq so that "their" oil prices will go up...it wasn't long ago (when sad-ass had his little spat with the u.n. and oil prices were alot higher) that those same camel jockeys were refusing to let our fighters land in their country because they were trying to "reconcile" with sadd-ass... I guess we'll end up putting our men and women in harm's way to accomodate them..what a sad situation.

To: Crimson Ghost who wrote (27084)	8/5/1998 11:43:00 AM
From: Sunny Jim	Respond to of 95453

<<Reuters on August 3 that Saudi Arabia may back another round of reduction cuts if world oil prices remain stagnant into September. >> I like the language they use to describe the Saudis action (inaction). They may, they favor, they monitor. Shoot the evidence is all around them like oil in their kingdom. Why don't they just DO IT. However, based on their past performance, and we can rationalize all their actions as "strategic", but they appear pretty clueless. These guys are the biggest bunch of ditherers I've ever seen. Bring on more cheap oil.