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To: Crimson Ghost who wrote (32783)12/12/1998 2:15:00 PM
From: Bilberry  Read Replies (1) | Respond to of 95453
 
I agree. The articles that are coming out show PANIC among the some of the mideast oil producers. Its hurting OPEC nations as well as non-opec. Saudi Arabia cannot ignore the pain this is inflicting to their neighbors for long. A drop down to $5 a barrel should guarantee action in the short term. Maybe the drop under $10 is enough to produce panic. Time will tell. But I think something is going to happen very soon. Before the end of the year.

--Bilberry