Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?

To: Crimson Ghost who wrote (36917)	2/5/1999 3:03:00 PM
From: SargeK	Read Replies (2) \| Respond to of 95453

George, Rodriguez of Venezuela has already indicated that they would favor further cuts at next months meeting if other exporters would come into compliance with current production ceilings. The biggest impediment to an agreement is IRAN. Perhaps Saddam may be persuaded to use his Kuwait strategy on IRAN. You know, SET 'EM on fire. Ha! Rodriguez/Minister of Energy: "As well as promising to abide strictly by the existing agreement, which lasts until June, Rodriguez has said producers should consider additional cuts as a means of getting prices up. However, OPEC officials say Iran's failure to implement the production cuts agreed last year are a significant obstacle to any further action by the cartel. Iran argues OPEC gave it a mistakenly low benchmark production from which to cut. : " K

To: Crimson Ghost who wrote (36917)	2/5/1999 3:22:00 PM
From: A. Geiche	Read Replies (1) \| Respond to of 95453

<<oil prices have fallen too low for even US>> I.... basically, disagree.. Russians now are accusing directly US in inducing the crisis as a final step in subduing their country. Here, in US, the same WAS and is argued by "New Federalist". Too long story.. but the scheme supposedly was to dismantle and destroy its industry with the help of IMF as "inefficent", leaving only the row material export oriented parts of it, but primarily oil. Then to knock down the prices of the oil and to force them to surrender totally and to yield its oil industry to, primarily, American companies. This goal is not achieved yet..

To: Crimson Ghost who wrote (36917)	2/5/1999 4:25:00 PM
From: BigBull	Read Replies (1) \| Respond to of 95453

George: Well at least one oil producer has a brain - This courtesy of the yahoo PDE thread. messages.yahoo.com@m2.yahoo.com I think we should all get together a collection and buy our Arab/Persian friends a copy of The Wizard of Oz. If the Scarecrow part fits; wear it! "If I only had a brain......" Under the Sharia, what is the penalty for theft? Maybe some Saudi princes will soon qualify for the Arabians with Disabilities Act. Just more random musings from the slaughter pen.