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To: diana g who wrote (43744)5/3/1999 8:47:00 AM
From: SliderOnTheBlack  Read Replies (1) | Respond to of 95453
 
Stand & Salute ! - anyone else have tears in your eyes - CNBC...

...anyone watching CNBC ?

Yes; a True great American - Larry Kudlow.

Bull you have firmly carved your eternal place in infamy and you should be ashamed.

PS - per Qatar

....we have cut & paste - which motivates yet more lemmings to board the train....but, there was a small warning there....ie:

<< pledged to start cutting output on April 1 >>

...it was NOT a total overnight cut. It is a gradual phasing in cut program - not, that anyone here has spoken to that most important REALITY !

The April ''initial'' - ''start'' of the cuts being instituted - is NOT the story - the story is the JUNE reporting which will show cheating - ala~ a dramatic fall in compliance to the proposed institution formula - and a drop from the initial April cuts. The rewards for cheating are simply too much for OPEC to ignore - and they KNOW that with $18+ OIL; much of the non-OPEC supply now become profitable and these non-OPEC suppliers will step up production.

More than a few articles this week talked about many of the shut in wells being able to be profitably re-started.


<<Saudi Arabia, Iran,
Kuwait, U.A.E., Qatar, and Oman -- have all told Bloomberg News
that they are in full compliance with the pact. These states
account for over 50 percent of the total cuts promised.>>

....hmm, only 1/2 of the OPEC members have reported that they are in at least 80% compliance of the proposed cuts.

2 Questions there - is 80% enough ?

Anyone else wondering what the other 50% of OPEC countries that have NOT said they are in compliance are doing ?

....remember - May's reporting is NOT the story - JUNE, will be however,,,,,

"It's the - CHEATING - stupid ! ''

Man, is CNBC promoting Kudlow this a.m. - or what ? Music, the American Flag..... Hooo Hahhhhh !

A coincidence ? ...................hmmmmmm ?

Enough to make one formerly loquacious - now neutered bovine sweat bullets ?

...3-4 days - be patient .



To: diana g who wrote (43744)5/3/1999 8:51:00 AM
From: Gary Burton  Read Replies (2) | Respond to of 95453
 
PGO receives $30- odd million seismic order from Petrobras



To: diana g who wrote (43744)5/3/1999 9:42:00 AM
From: SliderOnTheBlack  Read Replies (1) | Respond to of 95453
 
Please BUY - SLB HAL SII CAM this a.m. !!!!!!!!!!!!!!!!!!!

....C'Mon bovines - PUMP them 'up - we know you can do it !

Buy buy buy buy buy - and do it early & do it often - please; I got somewere to be by noon (VBG). >>>>>>>>>>>>>>>>>>>>>>>>>>>>>
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GOING DOWNNNNN ?

....ooops - got my buck in the Slob allready - you know pigs get fat - but hogs get slaughtered - is a $buck enough ?

YPF acting awfully bovineish this a.m - $1 $-1 1/2 chip shot... off of the Friday Cut & Paste Headline Pump ! lemmings keep following headlines to your slaughter - like salmon swimming up stream into the mouths of bears (VBG)...