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2008-12-12 Home Front Economy

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Posted by Fred 2008-12-12 00:00|| || Front Page|| [2 views ] Top

#1 The Russians are apparently interested in aiding with a supply cut in order to drive up the price (and repair Vlad's tattered bank account). If they make it stick, say hello to Dow 5000.

Posted by Ricky bin Ricardo (Abu Babaloo) 2008-12-12 01:45|| 2008-12-12 01:45|| Front Page Top

#2 It may be announced but will be DOA because of all of the cheating by member producers. Also, Iraq has made it clear that it will pump the hell out of its fields, regardless of OPEC quotas.

Posted by Shieldwolf 2008-12-12 02:20|| 2008-12-12 02:20|| Front Page Top

#3 Oh, and by the way, don't forget to drill!

And how's that nuclear thing coming along? And wind, solar, efficiency, etc.?

Posted by gorb 2008-12-12 02:31|| 2008-12-12 02:31|| Front Page Top

#4 The things they've been talking about since 1973? Any time now. Just wait and see.

Posted by Fred 2008-12-12 07:37|| 2008-12-12 07:37|| Front Page Top

#5 There are a number of OPeckers that need the cash flow to stay afloat because they have little reserve cash. This drastic cut will never materialize. If they do the cut, and price goes up, demand will go down. Elementary. ABC123.

Posted by Alaska Paul 2008-12-12 11:21|| 2008-12-12 11:21|| Front Page Top

#6 Iraq, why does that ring bells? Didn't something recent happen there? Won't there export intentions be affected?

Just curious.

Posted by Halliburton - Mysterious Conspiracy Division 2008-12-12 12:38|| 2008-12-12 12:38|| Front Page Top

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