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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: RealMuLan who wrote (55275)	4/8/1999 6:29:00 PM
From: Knighty Tin	Respond to of 132070

YZ, Now we are going to get the Goldilocks oil market? Don't think so. I don't see how Opec can fine tune production that finely. If they raise prices, they will bring in supply from the Moon. If they don't raise prices, they achieve nothing but lower revenues. My feeling about oil is still the same over the long haul. Opec is a non-entity. It will be undersupply and overdemand that eventually moves this market very much higher. Artificial undersupply will not do it for long. And I don't think they can walk a boardwalk, much less a thin line.