22. Interesting that they are now CUTTING production.
It hasn'e been that many weeks since they were talking about large increases in production and claiming that they didn't WANT oil prices in the 50s (in fact, they didn't want them in the 40s).
NOW it sure looks like either A)$43 isn't high enough for them, or B) They fear this rapid decline is the beginning of a much larger slide if they don't stem the tide right now.
Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators
Important Notices: By participating on this discussion
board, visitors agree to abide by the rules outlined on our Rules
page. Messages posted on the Democratic Underground Discussion Forums are the
opinions of the individuals who post them, and do not necessarily represent
the opinions of Democratic Underground, LLC.
Printer-friendly format
Email this thread to a friend
Bookmark this thread
(650 posts)
Send PM |
Profile |
Ignore
